DOT/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 4.115000000 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 4.206000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

4.206000000 – 4.195000000 – 4.131000000 – 4.115000000 – 4.113000000 – 4.084000000 — 55.225247973159 – 50.395598605123

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