The combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards
The bearish trend downwards to the next support at 1.197 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 1.327 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.361 |
| 2nd High | 1.355 |
| Next High | 1.327 |
| Current Price | 1.297000000 |
| Next Low | 1.197 |
| 2nd Low | 1.195 |
| 3rd Low | 1.193 |
1.296 – 1.263 – 1.241 – 1.197 – 1.204 – 1.195 —
1.309000000 – 1.327000000 —
70.062475389846 – 67.646983683157 —
– —
1.296 – 1777989600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – – –