DOT/USDT – 4H – SELL

The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.

A bearish movement down to the next support level at 3.800000000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 4.624000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.624000000 – 4.196000000 – 4.110000000 – 3.800000000 – 3.323000000 – 3.308000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji – Double top chart pattern