DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 4.136000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 4.387000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. which is a bearish 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 | 4.882000000 |
| 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 – – –