DOT/USDT – 30M – SELLBesides a ‘Double top chart pattern’ chart pattern is detected. The chart shows ‘Double top chart pattern’. which is a bearish signal. The pair is likely to go down.
The pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards
A bearish movement downwards to the next support line at 3.750000000 will persist.
Caution: A possible change in the direction of resistance at 3.914000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.021000000 |
| 2nd High | 4.005000000 |
| Next High | 3.914000000 |
| Current Price | 3.717000000 |
| Next Low | 3.750000000 |
| 2nd Low | 3.689000000 |
| 3rd Low | 3.688000000 |
3.914000000 – 4.005000000 – 4.021000000 – 3.750000000 – 3.874000000 – 3.807000000 — 40.684287644835 – 33.478714165324
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – Double top chart pattern – –