The currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline down.
The bearish trend down to the next support line at 1.762 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.981 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ” indicator signal is detected. The indicator is ”. which is often a bearish signal. The pair is likely to go down.
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And also a ‘ ‘ indicator signal is detected. The indicator is ‘ ‘. which is often a bearish signal. The pair is likely to go down.
And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
And also a ‘Three Black Crows’ candle pattern is found. The candles form ‘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 chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2 |
| 2nd High | 1.984 |
| Next High | 1.981 |
| Current Price | 1.833000000 |
| Next Low | 1.762 |
| 2nd Low | 1.684 |
| 3rd Low | 0.633 |
1.981 – 1.984 – 2 – 1.843 – 1.897 – 1.905 —
1.879000000 – 1.854000000 —
45.060050597087 – 35.300646680826 —
– —
1.98100 – 1769187600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – – –