The pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
A descent down to the next support line at 6.871000000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 7.152000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish signal. The 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 | 7.678000000 |
2nd High | 7.592000000 |
Next High | 7.152000000 |
Current Price | 7.003000000 |
Next Low | 6.871000000 |
2nd Low | 6.654000000 |
3rd Low | 6.010000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows