Sell DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline down.

A continuation of the downtrend down to the next support at 3.894000000 will persist.

Caution: A possible change in the direction of the resistance level at 4.136000000 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 4.554000000
2nd High 4.202000000
Next High 4.136000000
Current Price 3.926000000
Next Low 3.894000000
2nd Low 3.839000000
3rd Low 3.800000000

4.136000000 – 4.202000000 – 4.554000000 – 3.894000000 – 4.000000000 – 4.355000000 — 36.973082274811 – 35.999606501199

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