DOT/USDT – 1H – SELL

Also there is a ‘Double top chart pattern’ chart pattern is detected. The chart forms ‘Double top chart pattern’. which is a bearish pattern signal. The pair is likely to go down.

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

A descending movement down to the next support at 3.812000000 will continue.

Caution: A possible change in the direction of the resistance line at 4.193000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candle pattern is detected. The chart forms ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.193000000 – 3.997000000 – 4.103000000 – 3.923000000 – 3.812000000 – 3.903000000 — 50.878102958354 – 41.487240682962

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top chart pattern – –