Buy DOT/USDT – 30M – BUY

The pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards

The bearish trend downwards to the next support level at 6.482000000 will continue.

Caution: A possible change in the direction of resistance at 6.809000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Bullish Engulfing’ chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High 6.840000000
2nd High 6.810000000
Next High 6.809000000
Current Price 6.696000000
Next Low 6.482000000
2nd Low 6.454000000
3rd Low 6.010000000

Download DOT/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals