DOT/USDT – 1H – SELLThe combination Polkadot/Tether (DOT/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support at 6.871000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 7.592000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.802000000 |
| 2nd High | 7.678000000 |
| Next High | 7.592000000 |
| Current Price | 7.037000000 |
| Next Low | 6.871000000 |
| 2nd Low | 6.654000000 |
| 3rd Low | 6.010000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows