DOT/USDT – 30M – SELLAdditionally a ‘Double top chart pattern’ chart pattern is discovered. The chart picture shows ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline down.
A bearish descent down to the next support at 3.750000000 is expected.
Caution: A possible change in the direction of the resistance line at 3.914000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading 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 – –