DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.
The bearish trend downwards to the next support at 3.923000000 will persist.
Caution: A possible change in the direction of resistance at 4.371000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.673000000 |
| 2nd High | 4.554000000 |
| Next High | 4.371000000 |
| Current Price | 4.110000000 |
| Next Low | 3.923000000 |
| 2nd Low | 3.890000000 |
| 3rd Low | 3.812000000 |
3.997000000 – 3.966000000 – 3.955000000 – 3.923000000 – 3.890000000 – 3.812000000 — 62.355443584347 – 58.632241447886
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Double bottom chart pattern – –