The combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards
A descent down to the next support line at 6.871000000 is likely expected.
Caution: A possible change in the direction of the resistance line at 7.152000000 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. 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 | 7.678000000 |
2nd High | 7.592000000 |
Next High | 7.152000000 |
Current Price | 6.985000000 |
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