DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) moves from the bearish trendline down.

A continuation of the bearish trend down to the next support line at 3.770000000 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 3.853000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency 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).

3.853000000 – 3.872000000 – 3.923000000 – 3.770000000 – 3.773000000 – 3.710000000 — 55.366690537529 – 50.578653949259

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –