Sell DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards

A descent down to the next support line at 6.871000000 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 7.152000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 7.678000000
2nd High 7.592000000
Next High 7.152000000
Current Price 7.003000000
Next Low 6.871000000
2nd Low 6.654000000
3rd Low 6.010000000

Download DOT/USDT Signal Image

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