DOT/USDT – 1H – SELLThe pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards
A bearish movement down to the next support line at 6.871000000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 7.152000000 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern 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 | 7.678000000 |
| 2nd High | 7.592000000 |
| Next High | 7.152000000 |
| Current Price | 6.919000000 |
| 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