The combination Polkadot/Tether (DOT/USDT) moves from the ascending trendline down.
A bearish descent down to the next support at 7.102000000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 7.360000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Matching Low’ candle chart pattern is discovered. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 7.678000000 |
2nd High | 7.592000000 |
Next High | 7.360000000 |
Current Price | 7.258000000 |
Next Low | 7.102000000 |
2nd Low | 6.520000000 |
3rd Low | 6.010000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low