DOT/USDT – 4H – SELLThe currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support level at 6.654000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 7.678000000 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.264000000 |
| 2nd High | 7.802000000 |
| Next High | 7.678000000 |
| Current Price | 6.938000000 |
| Next Low | 6.654000000 |
| 2nd Low | 6.010000000 |
| 3rd Low | 5.473000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows