DOT/USDT – 4H – SELL

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

The bearish trend down to the next support at 1.762 is considered certain.

Caution: A possible change in the direction of the resistance level at 2.393 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candlestick pattern is found. The candles show ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).

1.928 – 1.854 – 1.955 – 2.096 – 1.762 – 1.792 — 46.108406869888 – 40.684184450715 — 10.223121844536 – 10.223121844536 – 3.6066551533436 – 6.9148884989398

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Triple bottom chart pattern – –