DOT/USDT

Sell DOT/USDT – 1H – SELL

The currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards

A bearish movement down to the next support level at 5.631000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 6.100000000 is also possible.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 5.4165 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 6.100000000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High 6.147000000
Next High 6.100000000
Current Price 5.718000000
Next Low 5.631000000
2nd Low 5.304000000
3rd Low 4.686000000

Download DOT/USDT Signal Image

Trading Signals:

Sell DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at 5.659000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 5.897000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 6.100000000
2nd High 6.032000000
Next High 5.897000000
Current Price 5.718000000
Next Low 5.659000000
2nd Low 5.631000000
3rd Low 5.304000000

Download DOT/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 30M – BUY

The currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards

The bullish trend upwards to the next resistance line at 5.897000000 will continue.

Caution: A possible counter-trend in the direction of the support level at 5.659000000 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 6.100000000
2nd High 6.032000000
Next High 5.897000000
Current Price 5.815000000
Next Low 5.659000000
2nd Low 5.631000000
3rd Low 5.304000000

Download DOT/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 1H – BUY

The currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline up.

A continuation of the upward movement up to the next resistance at 6.100000000 is expected.

Caution: A possible change in the direction of the support line at 5.631000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High 6.147000000
Next High 6.100000000
Current Price 5.805000000
Next Low 5.631000000
2nd Low 5.304000000
3rd Low 4.686000000

Download DOT/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 5.912144 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 6.032000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 6.147000000
2nd High 6.100000000
Next High 6.032000000
Current Price 5.775000000
Next Low 5.742000000
2nd Low 5.631000000
3rd Low 5.304000000

Download DOT/USDT Signal Image

Trading Signals:

Sell DOT/USDT – 1H – SELL

The currency pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline down.

A continuation of the downtrend down to the next support level at 5.631000000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 6.100000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 5.4165 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 6.100000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High 6.147000000
Next High 6.100000000
Current Price 5.737000000
Next Low 5.631000000
2nd Low 5.304000000
3rd Low 4.686000000

Download DOT/USDT Signal Image

Trading Signals:

Sell DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards

A descent down to the next support at 5.742000000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 6.032000000 could happen.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 6.147000000
2nd High 6.100000000
Next High 6.032000000
Current Price 5.812000000
Next Low 5.742000000
2nd Low 5.631000000
3rd Low 5.304000000

Download DOT/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 1H – BUY

The pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.

A bullish movement up to the next resistance at 6.100000000 is likely expected.

Caution: A possible change in the direction of the support level at 5.631000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High
2nd High 6.147000000
Next High 6.100000000
Current Price 5.844000000
Next Low 5.631000000
2nd Low 5.304000000
3rd Low 4.686000000

Download DOT/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 30M – BUY

The combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline upwards

A continuation of the upward movement up to the next resistance level at 6.032000000 is certain.

Caution: A possible reversal of the trend in the direction of support at 5.742000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 6.147000000
2nd High 6.100000000
Next High 6.032000000
Current Price 5.819000000
Next Low 5.742000000
2nd Low 5.631000000
3rd Low 5.304000000

Download DOT/USDT Signal Image

Trading Signals:

Sell DOT/USDT – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 5.4165 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 6.100000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High
2nd High 6.147000000
Next High 6.100000000
Current Price 5.792000000
Next Low 5.631000000
2nd Low 5.304000000
3rd Low 4.686000000

Download DOT/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 1H – BUY

The currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.

A bullish trend up to the next resistance line at 6.100000000 is considered certain.

Caution: A possible change in the direction of support at 5.631000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High 6.147000000
Next High 6.100000000
Current Price 5.836000000
Next Low 5.631000000
2nd Low 5.304000000
3rd Low 4.686000000

Download DOT/USDT Signal Image

Trading Signals:

Sell DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) moves from the descending trendline down.

A continuation of the downward movement down to the next support at 5.742000000 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 6.100000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Bearish Engulfing’ chart pattern is existing. The chart forms ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High
2nd High 6.147000000
Next High 6.100000000
Current Price 5.795000000
Next Low 5.742000000
2nd Low 5.631000000
3rd Low 5.304000000

Download DOT/USDT Signal Image

Trading Signals:

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