The pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support level at is considered certain.
Caution: A possible change in the direction of the resistance level at 2.397 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.
Also there is a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. 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 | 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 – – –