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
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows