DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support at 3.820000000 is expected.
Caution: A possible trend reversal in the direction of resistance at 3.921000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.309000000 |
| 2nd High | 4.084000000 |
| Next High | 3.921000000 |
| Current Price | 3.863000000 |
| Next Low | 3.820000000 |
| 2nd Low | 3.800000000 |
| 3rd Low | 3.796000000 |
3.921000000 – 4.084000000 – 4.309000000 – 3.820000000 – 3.905000000 – 4.115000000 — 42.478668027952 – 40.701519850581
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern –