The currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
A bearish descent downwards to the next support line at 10.150000000 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 10.754000000 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘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 likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 11.649000000 |
2nd High | 11.233000000 |
Next High | 10.754000000 |
Current Price | 10.138000000 |
Next Low | 10.150000000 |
2nd Low | 9.895000000 |
3rd Low | 9.055000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows