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