DOT/USDT – 1H – SELLThe pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support line at 7.460000000 will persist.
Caution: A possible change in the direction of the resistance zone at 7.735000000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.468000000 |
| 2nd High | 7.802000000 |
| Next High | 7.735000000 |
| Current Price | 7.707000000 |
| Next Low | 7.460000000 |
| 2nd Low | 7.102000000 |
| 3rd Low | 6.520000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows