DOT/USDT – 1H – SELLThe currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards
A bearish descent downwards to the next support at 7.102000000 is expected.
Caution: A possible change in the direction of resistance at 7.592000000 could happen.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.802000000 |
| 2nd High | 7.678000000 |
| Next High | 7.592000000 |
| Current Price | 7.542000000 |
| Next Low | 7.102000000 |
| 2nd Low | 6.520000000 |
| 3rd Low | 6.010000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows