DOT/USDT – 30M – SELLThe currency pair moves from the bullish trendline down.
A descending movement downwards to the next support level at 4.983000000 will persist.
Caution: A possible change in the direction of the resistance zone at 5.216000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. 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 | 5.430000000 |
| 2nd High | 5.429000000 |
| Next High | 5.216000000 |
| Current Price | 4.979000000 |
| Next Low | 4.983000000 |
| 2nd Low | 4.950000000 |
| 3rd Low | 4.908000000 |