DOT/USDT – 1H – SELLThe combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support level at 4.686000000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 6.147000000 could occur.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. 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 | |
| 2nd High | |
| Next High | 6.147000000 |
| Current Price | 5.438000000 |
| Next Low | 4.686000000 |
| 2nd Low | 4.314000000 |
| 3rd Low | 4.239000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows