The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
A bearish trend down to the next support line at 6.537000000 will persist.
Caution: A possible change in the direction of the resistance line at 6.944000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bullish Engulfing’ candle pattern is discovered. The candles show ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 7.152000000 |
2nd High | 7.109000000 |
Next High | 6.944000000 |
Current Price | 6.640000000 |
Next Low | 6.537000000 |
2nd Low | 6.010000000 |
3rd Low | 5.955000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing