DOT/USDT – 1H – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 6.010000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 6.810000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. 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 | 7.988000000 |
| 2nd High | 6.840000000 |
| Next High | 6.810000000 |
| Current Price | 6.059000000 |
| Next Low | 6.010000000 |
| 2nd Low | 5.955000000 |
| 3rd Low | 5.473000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows