The pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support level at 6.760000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 7.277000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. 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 | 8.468000000 |
2nd High | 7.802000000 |
Next High | 7.277000000 |
Current Price | 6.342000000 |
Next Low | 6.760000000 |
2nd Low | 5.955000000 |
3rd Low | 5.560000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows