DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 4.115000000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 4.206000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Besides a ‘Two Crows’ candlestick pattern is detected. The candles form ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.673000000 |
| 2nd High | 4.554000000 |
| Next High | 4.206000000 |
| Current Price | 4.179000000 |
| Next Low | 4.115000000 |
| 2nd Low | 4.113000000 |
| 3rd Low | 4.084000000 |
4.206000000 – 4.195000000 – 4.131000000 – 4.115000000 – 4.113000000 – 4.084000000 — 55.948058952732 – 52.533367298351
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – –