Sell DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.

The bearish trend down to the next support level at 8.576000000 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 9.019000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 10.500000000
2nd High 9.359000000
Next High 9.019000000
Current Price 8.658000000
Next Low 8.576000000
2nd Low 8.440000000
3rd Low 8.002000000

Download DOT/USDT Signal Image

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