DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 4.136000000 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 4.387000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.882000000 |
| 2nd High | 4.463000000 |
| Next High | 4.387000000 |
| Current Price | 4.122000000 |
| Next Low | 4.136000000 |
| 2nd Low | 4.119000000 |
| 3rd Low | 4.054000000 |
4.387000000 – 4.463000000 – 4.416000000 – 4.236000000 – 4.285000000 – 4.320000000 — 27.592925815367 – 23.040974516033
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – – –