DOT/USDT – 1H – SELLThe pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline down.
A descending movement downwards to the next support at 6.520000000 is expected.
Caution: A possible change in the direction of the resistance zone at 7.360000000 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Bearish Harami’ candle pattern is found. The candles show ‘Bearish Harami’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.678000000 |
| 2nd High | 7.592000000 |
| Next High | 7.360000000 |
| Current Price | 7.158000000 |
| Next Low | 6.520000000 |
| 2nd Low | 6.010000000 |
| 3rd Low | 5.955000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Harami