DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline down.
A descending movement down to the next support line at 3.762000000 is considered certain.
Caution: A possible change in the direction of resistance at 3.906000000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency 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 | 4.005000000 |
| 2nd High | 3.914000000 |
| Next High | 3.906000000 |
| Current Price | 3.760000000 |
| Next Low | 3.762000000 |
| 2nd Low | 3.692000000 |
| 3rd Low | 3.612000000 |
3.906000000 – 3.841000000 – 3.817000000 – 3.762000000 – 3.786000000 – 3.692000000 — 34.456386336723 – 32.503275064959
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – – –