The pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards
A descent down to the next support level at 8.406000000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 9.359000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 10.500000000 |
Next High | 9.359000000 |
Current Price | 8.743000000 |
Next Low | 8.406000000 |
2nd Low | 8.042000000 |
3rd Low | 5.955000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows