Sell DOT/USDT – 1H – SELL

The currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards

A bearish movement downwards to the next support at 6.654000000 is certain.

Caution: A possible change in the direction of the resistance level at 7.152000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 7.678000000
2nd High 7.592000000
Next High 7.152000000
Current Price 6.843000000
Next Low 6.654000000
2nd Low 6.010000000
3rd Low 5.955000000

Download DOT/USDT Signal Image

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