DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards

A descending movement downwards to the next support line at 4.065000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 4.269000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.269000000 – 4.144000000 – 4.123000000 – 4.065000000 – 4.081000000 – 3.839000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji –