There is also a ‘Triple top chart pattern’ chart pattern is found. The chart picture shows ‘Triple top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination Polkadot/Tether (DOT/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 3.836000000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 3.934000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
There is also a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘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 success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.283000000 |
| 2nd High | 4.146000000 |
| Next High | 3.934000000 |
| Current Price | 3.830000000 |
| Next Low | 3.836000000 |
| 2nd Low | 3.755000000 |
| 3rd Low | 3.689000000 |
3.934000000 – 3.925000000 – 3.923000000 – 3.836000000 – 3.848000000 – 3.755000000 — 38.861718918043 – 37.318838876891
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Triple top chart pattern – –