DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.
A descent downwards to the next support level at 3.688000000 is expected.
Caution: A possible change in the direction of resistance at 3.921000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. which is often a bearish signal. The currency pair could go down.
Additionally a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair could go down.
Additionally a ‘Matching Low’ candle chart pattern is detected. The chart shows ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.309000000 |
| 2nd High | 4.084000000 |
| Next High | 3.921000000 |
| Current Price | 3.863000000 |
| Next Low | 3.688000000 |
| 2nd Low | 3.644000000 |
| 3rd Low | 3.570000000 |
3.806000000 – 3.696000000 – 3.696000000 – 3.688000000 – 3.644000000 – 3.570000000 — 71.230693439598 – 69.08168479262
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low – – –