The combination Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support line at 1.3 is likely expected.
Caution: A possible change in the direction of the resistance line at 1.372 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.391 |
| 2nd High | 1.381 |
| Next High | 1.372 |
| Current Price | 1.291000000 |
| Next Low | 1.3 |
| 2nd Low | 1.252 |
| 3rd Low | 1.249 |
1.372 – 1.381 – 1.391 – 1.3 – 1.338 – 1.34 —
1.318000000 – 1.299000000 —
40.999291715354 – 33.15476460393 —
– —
1.372 – 1771426800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – – –