DOT/USDT – 4H – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support line at 5.473000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 9.264000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which 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 ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 11.649000000 |
| 2nd High | 9.669000000 |
| Next High | 9.264000000 |
| Current Price | 7.019000000 |
| Next Low | 5.473000000 |
| 2nd Low | 4.686000000 |
| 3rd Low | 3.665000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows