The combination Polkadot/Tether (DOT/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.941 will continue.
Caution: A possible counter-trend in the direction of resistance at 0.995 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish signal. The currency pair could go down.
And also a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.001 |
| 2nd High | 0.996 |
| Next High | 0.995 |
| Current Price | 0.956000000 |
| Next Low | 0.941 |
| 2nd Low | 0.903 |
| 3rd Low | 0.884 |
0.995 – 0.975 – 0.975 – 0.941 – 0.903 – 0.928 —
0.972000000 – 0.971000000 —
42.347388895344 – 38.277094001642 —
– —
0.995 – 1781334000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –