DOT/USDT – 1H – SELL

The currency pair Polkadot/Tether (DOT/USDT) goes from the descending trendline down.

A continuation of the downtrend downwards to the next support at 3.538000000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 3.757000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

And also a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The pair is likely to go down.

And also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

3.757000000 – 3.666000000 – 3.921000000 – 3.538000000 – 3.427000000 – 3.446000000 — 48.613898283853 – 44.034945755203

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