Sell DOT/USDT – 1H – SELL

The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards

A bearish trend down to the next support at 7.460000000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 7.735000000 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 8.468000000
2nd High 7.802000000
Next High 7.735000000
Current Price 7.653000000
Next Low 7.460000000
2nd Low 7.102000000
3rd Low 6.520000000

Download DOT/USDT Signal Image

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