The combination Polkadot/Tether (DOT/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support at 4.170000000 is considered certain.
Caution: A possible change in the direction of resistance at 4.317000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Furthermore a ‘Two Crows’ candlestick pattern is existing. The candles show ‘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 likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.673000000 |
| 2nd High | 4.554000000 |
| Next High | 4.317000000 |
| Current Price | 4.276000000 |
| Next Low | 4.170000000 |
| 2nd Low | 4.097000000 |
| 3rd Low | 3.837000000 |
4.317000000 – 4.234000000 – 3.936000000 – 4.170000000 – 4.097000000 – 3.837000000 — 59.687681570445 – 57.942851454172
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – Triple bottom chart pattern – –