The combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
A descent downwards to the next support level at is expected.
Caution: A possible change in the direction of the resistance zone at 1.327 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
Additionally a ‘Two Crows’ candlestick pattern is discovered. The candles show ‘Two 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 chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.361 |
| 2nd High | 1.355 |
| Next High | 1.327 |
| Current Price | 1.257000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.327 – 1.292 – 1.295 – 1.227 – 1.212 – 1.257 —
1.271000000 – 1.265000000 —
58.183944550943 – 52.994306089129 —
– —
1.327 – 1776834000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –