DOT/USDT – 1H – SELLThe pair moves from the bullish trendline downwards
The bearish trend downwards to the next support level at 4.045000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 4.392000000 could happen.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.615000000 |
| 2nd High | 4.437000000 |
| Next High | 4.392000000 |
| Current Price | 4.312000000 |
| Next Low | 4.045000000 |
| 2nd Low | 3.679000000 |
| 3rd Low | 3.665000000 |