The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support at 3.903000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 4.103000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.371000000 |
| Next High | 4.103000000 |
| Current Price | 3.914000000 |
| Next Low | 3.903000000 |
| 2nd Low | 3.837000000 |
| 3rd Low | 3.817000000 |
4.103000000 – 4.371000000 – 4.317000000 – 3.903000000 – 3.916000000 – 4.170000000 — 33.020608903141 – 31.452516502775
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –