DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support line at 9.055000000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 10.500000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. 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 | |
| 2nd High | |
| Next High | 10.500000000 |
| Current Price | 10.368000000 |
| Next Low | 9.055000000 |
| 2nd Low | 8.604000000 |
| 3rd Low | 8.576000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows