DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards
A descent downwards to the next support at 3.570000000 will continue.
Caution: A possible change in the direction of the resistance zone at 3.707000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair is likely to fall.
Additionally a ‘Two Crows’ candlestick pattern is detected. The chart shows ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 3.653000000 |
| Next Low | 3.570000000 |
| 2nd Low | 3.553000000 |
| 3rd Low | 3.538000000 |
3.647000000 – 3.627000000 – 3.707000000 – 3.570000000 – 3.553000000 – 3.538000000 — 60.127975669847 – 57.719911078436
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – – –