The currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline downwards
A bearish movement downwards to the next support line at 8.110000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 9.359000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘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 likelyhood of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 10.500000000 |
Next High | 9.359000000 |
Current Price | 8.295000000 |
Next Low | 8.110000000 |
2nd Low | 8.042000000 |
3rd Low | 5.955000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows