DOT/USDT – 1H – SELLThe pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 3.712000000 will continue.
Caution: A possible change in the direction of the resistance level at 3.825000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Two Crows’ candlestick chart pattern is found. The chart shows ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.283000000 |
| 2nd High | 4.021000000 |
| Next High | 3.825000000 |
| Current Price | 3.758000000 |
| Next Low | 3.712000000 |
| 2nd Low | 3.689000000 |
| 3rd Low | 3.538000000 |
3.825000000 – 4.021000000 – 3.934000000 – 3.712000000 – 3.874000000 – 3.807000000 — 43.918538803984 – 42.480795597184
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – – –