Sell DOT/USDT – 1H – SELL

The currency pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 0.837 is likely expected.

Caution: A possible change in the direction of resistance at 0.887 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. this 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 success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.92
2nd High 0.899
Next High 0.887
Current Price 0.880000000
Next Low 0.837
2nd Low 0.825
3rd Low 0.806

0.887 – 0.85 – 0.843 – 0.837 – 0.825 – 0.826 —
0.890000000 – 0.894000000 —
69.192582016056 – 60.770786120487 —
– —
0.887 – 1783137600

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