The combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support level at 4.153000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 4.626000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Besides a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.682000000 |
| 2nd High | 4.673000000 |
| Next High | 4.626000000 |
| Current Price | 4.394000000 |
| Next Low | 4.153000000 |
| 2nd Low | 4.119000000 |
| 3rd Low | 4.054000000 |
4.626000000 – 4.281000000 – 4.244000000 – 4.417000000 – 4.153000000 – 4.201000000 — 36.98833086523 – 36.295941098228
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Matching Low – – –