Sell DOT/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 8.799000000 is certain.

Caution: A possible trend reversal in the direction of resistance at 9.212000000 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘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 chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 9.669000000
2nd High 9.234000000
Next High 9.212000000
Current Price 8.795000000
Next Low 8.799000000
2nd Low 8.772000000
3rd Low 8.023000000

Download DOT/USDT Signal Image

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