DOT/USDT – 30M – SELL

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

A bearish movement downwards to the next support level at 3.570000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 3.696000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘StochRSI fall below 80’ indicator layout is existing. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart signal. The currency pair is likely to fall.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

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

3.696000000 – 3.647000000 – 3.627000000 – 3.570000000 – 3.553000000 – 3.538000000 — 63.536879122684 – 51.192573008429

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