Sell DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards

A bearish movement down to the next support level at 1.43 will persist.

Caution: A possible change in the direction of the resistance level at 1.52 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.556
2nd High 1.547
Next High 1.52
Current Price 1.469000000
Next Low 1.43
2nd Low 1.425
3rd Low 1.235

1.52 – 1.48 – 1.485 – 1.43 – 1.445 – 1.425 —
1.506000000 – 1.484000000 —
60.968745470214 – 51.129872974011 —
– —
1.52 – 1773034200

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