DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
A descending movement downwards to the next support line at 7.124000000 is likely expected.
Caution: A possible change in the direction of the resistance line at 7.360000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bearish Belt Hold’ candlestick pattern is discovered. The chart shows ‘Bearish Belt Hold’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.678000000 |
| 2nd High | 7.592000000 |
| Next High | 7.360000000 |
| Current Price | 7.158000000 |
| Next Low | 7.124000000 |
| 2nd Low | 6.520000000 |
| 3rd Low | 6.010000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Belt Hold