DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline down.
A descent down to the next support line at 4.512000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 4.882000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
In addition a ‘Shooting Star’ candle chart pattern is existing. The chart forms ‘Shooting Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4.882000000 |
| Current Price | 4.591000000 |
| Next Low | 4.512000000 |
| 2nd Low | 4.136000000 |
| 3rd Low | 4.119000000 |
4.882000000 – 4.595000000 – 4.295000000 – 4.512000000 – 4.136000000 – 4.151000000 — 47.34976163575 – 47.101667570366
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Shooting Star – – –