DOT/USDT – 30M – SELL

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

A descent downwards to the next support line at 3.560000000 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 3.707000000 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

3.707000000 – 3.757000000 – 3.654000000 – 3.560000000 – 3.587000000 – 3.670000000 — 43.85271331759 – 38.658141425998

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