The combination Polkadot/Tether (DOT/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support line at 1.271 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.34 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochOSC Bearish Divergence’ indicator signal is discovered. The indicator shows ‘StochOSC Bearish Divergence’. In der Regel bedeutet das ein negatives chart signal. Das Paar tendiert eventuell nach unten.
There is also a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 1.27 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 1.34 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black 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 probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.429 |
| 2nd High | 1.412 |
| Next High | 1.34 |
| Current Price | 1.293000000 |
| Next Low | 1.271 |
| 2nd Low | 1.27 |
| 3rd Low | 1.235 |
1.295 – 1.34 – 1.337 – 1.271 – 1.27 – 1.272 —
1.289000000 – 1.306000000 —
52.598660733891 – 63.721412586455 —
– —
1.295 – 1774654200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Black Crows – – –