Sell DOT/USDT – 30M – SELL

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:

Forex and Crypto Live Trading Signals - MyLiveSignals