DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 3.568000000 is certain.
Caution: A possible change in the direction of the resistance line at 3.692000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
And also a ‘Tweezers Top’ candle chart pattern is discovered. The chart forms ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.084000000 |
| 2nd High | 3.921000000 |
| Next High | 3.692000000 |
| Current Price | 3.581000000 |
| Next Low | 3.568000000 |
| 2nd Low | 3.332000000 |
| 3rd Low | 3.323000000 |
3.692000000 – 3.921000000 – 3.858000000 – 3.568000000 – 3.745000000 – 3.626000000 — 48.502721814947 – 42.454567258793
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Tweezers Top – –