DOT/USDT – 1H – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.
A descending movement down to the next support at 7.590000000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 9.212000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.920000000 |
| 2nd High | 9.669000000 |
| Next High | 9.212000000 |
| Current Price | 8.547000000 |
| Next Low | 7.590000000 |
| 2nd Low | 7.500000000 |
| 3rd Low | 5.955000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows