DOT/USDT – 30M – SELLBesides a ‘Triple bottom chart pattern’ chart pattern is discovered. The chart forms ‘Triple bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.
The pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.
A bearish movement down to the next support level at 3.570000000 will continue.
Caution: A possible trend reversal in the direction of resistance at 3.707000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The pair is likely to go down.
Besides a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going 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 – –