DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support at 2.263 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 2.316 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘%K fall below 80’ indicator signal is discovered. The indicator shows ‘%K fall below 80’. which could be a negative signal. The pair is likely to go down.
And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair could go down.
And also a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.435 |
| 2nd High | 2.397 |
| Next High | 2.316 |
| Current Price | 2.263000000 |
| Next Low | 2.263 |
| 2nd Low | 2.176 |
| 3rd Low | 0.633 |
2.316 – 2.397 – 2.339 – 2.263 – 2.176 – 2.242 — 42.422350235063 – 40.965937897774 — 3.5657612246803 – 0 – 18.648993434768 – 7.0481346650487
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Double top retreat up – –