The pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at will persist.
Caution: A possible change in the direction of the resistance zone at 3.923000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.
Also there is a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. 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 | 4.283000000 |
| 2nd High | 4.146000000 |
| Next High | 3.923000000 |
| Current Price | 3.852000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.923000000 – 3.856000000 – 3.815000000 – 3.848000000 – 3.755000000 – 3.689000000 — 46.23226165386 – 44.333869330176
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –