Sell DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline down.

A descent down to the next support at 6.933000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 7.592000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this 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 7.802000000
2nd High 7.678000000
Next High 7.592000000
Current Price 6.932000000
Next Low 6.933000000
2nd Low 6.654000000
3rd Low 6.010000000

Download DOT/USDT Signal Image

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