DOT/USDT – 1H – SELLThe combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
A descending movement down to the next support line at will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 2.397 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.
Additionally a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.867 |
| 2nd High | 2.82 |
| Next High | 2.397 |
| Current Price | 2.263000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.397 – 2.339 – 2.37 – 2.176 – 2.257 – 2.252 — 45.457713959128 – 44.216881383704 — 49.192690947754 – 15.85935761442 – 75.901610230386 – 49.115215653306
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – – –