DOT/USDT – 30M – SELLIn addition a ‘Triple bottom chart pattern’ chart formation is existing. The formation shows ‘Triple bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to go up.
The combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline down.
A descending movement down to the next support at 3.570000000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 3.707000000 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart signal. The pair is likely to go down.
In addition a ‘Two Crows’ chart pattern is detected. The chart shows ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.921000000 |
| 2nd High | 3.757000000 |
| Next High | 3.707000000 |
| Current Price | 3.670000000 |
| Next Low | 3.570000000 |
| 2nd Low | 3.553000000 |
| 3rd Low | 3.538000000 |
3.647000000 – 3.627000000 – 3.707000000 – 3.570000000 – 3.553000000 – 3.538000000 — 59.334041963104 – 59.334041963104
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – Triple bottom chart pattern – –