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
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows