The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
A bearish trend down to the next support at 7.460000000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 7.735000000 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘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 chance of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 8.468000000 |
2nd High | 7.802000000 |
Next High | 7.735000000 |
Current Price | 7.653000000 |
Next Low | 7.460000000 |
2nd Low | 7.102000000 |
3rd Low | 6.520000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows