The pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards
The bearish trend downwards to the next support line at 10.150000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 10.754000000 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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