DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 3.330000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 3.577000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
In addition a ‘Southern Doji’ candle chart pattern is detected. The candles show ‘Southern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.675000000 |
| 2nd High | 3.595000000 |
| Next High | 3.577000000 |
| Current Price | 3.480000000 |
| Next Low | 3.330000000 |
| 2nd Low | 3.250000000 |
| 3rd Low |
3.577000000 – 3.595000000 – 3.675000000 – 3.330000000 – 3.459000000 – 3.496000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Southern Doji