Sell DOT/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support line at 7.500000000 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 8.704000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 10.438000000
2nd High 9.920000000
Next High 8.704000000
Current Price 7.882000000
Next Low 7.500000000
2nd Low 5.955000000
3rd Low 5.560000000

Download DOT/USDT Signal Image

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