DOT/USDT – 1H – SELLThe combination Polkadot/Tether (DOT/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support at 3.330000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 3.577000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.991000000 |
| 2nd High | 3.786000000 |
| Next High | 3.577000000 |
| Current Price | 3.433000000 |
| Next Low | 3.330000000 |
| 2nd Low | 3.250000000 |
| 3rd Low |
3.577000000 – 3.786000000 – 3.991000000 – 3.330000000 – 3.459000000 – 3.496000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Three Black Crows