The pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
A bearish descent down to the next support line at 10.150000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 10.754000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish 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 | 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