DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 4.115000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 4.206000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 4.673000000 |
| 2nd High | 4.554000000 |
| Next High | 4.206000000 |
| Current Price | 4.154000000 |
| Next Low | 4.115000000 |
| 2nd Low | 4.113000000 |
| 3rd Low | 4.084000000 |
4.206000000 – 4.195000000 – 4.131000000 – 4.115000000 – 4.113000000 – 4.084000000 — 53.793683172164 – 49.100549378027
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – –