Next a ‘Triple top chart pattern’ chart formation is existing. The chart shows ‘Triple top chart pattern’. which is a negative pattern signal. The pair is likely to go down.
The combination Polkadot/Tether (DOT/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support level at 3.836000000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 3.934000000 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
Next a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. 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 | 4.283000000 |
| 2nd High | 4.146000000 |
| Next High | 3.934000000 |
| Current Price | 3.830000000 |
| Next Low | 3.836000000 |
| 2nd Low | 3.755000000 |
| 3rd Low | 3.689000000 |
3.934000000 – 3.925000000 – 3.923000000 – 3.836000000 – 3.848000000 – 3.755000000 — 38.861718918043 – 37.318838876891
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Triple top chart pattern – –