The pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support line at 9.055000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 11.649000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 11.649000000 |
Current Price | 10.825000000 |
Next Low | 9.055000000 |
2nd Low | 8.604000000 |
3rd Low | 8.576000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows