The currency pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 8.799000000 is certain.
Caution: A possible trend reversal in the direction of resistance at 9.212000000 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘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 chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 9.669000000 |
2nd High | 9.234000000 |
Next High | 9.212000000 |
Current Price | 8.795000000 |
Next Low | 8.799000000 |
2nd Low | 8.772000000 |
3rd Low | 8.023000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows