DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 6.454000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 6.840000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ chart pattern is existing. 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 probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.468000000 |
| 2nd High | 7.988000000 |
| Next High | 6.840000000 |
| Current Price | 6.605000000 |
| Next Low | 6.454000000 |
| 2nd Low | 6.010000000 |
| 3rd Low | 5.955000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows