The pair Polkadot/Tether (DOT/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 3.732000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 3.921000000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Moreover a ‘Three Black Crows’ chart pattern is existing. The candles form ‘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 chance 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 | 3.727000000 |
| Next Low | 3.732000000 |
| 2nd Low | 3.332000000 |
| 3rd Low | 3.323000000 |
3.921000000 – 4.084000000 – 4.309000000 – 3.732000000 – 3.820000000 – 3.905000000 — 35.389960934503 – 32.994844138369
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – –