DOT/USDT – 1H – SELLThe combination Polkadot/Tether (DOT/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 5.645000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 6.100000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 6.147000000 |
| Next High | 6.100000000 |
| Current Price | 5.600000000 |
| Next Low | 5.645000000 |
| 2nd Low | 5.631000000 |
| 3rd Low | 5.304000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows