DOT/USDT – 30M – SELL

Also there is a ‘Double top chart pattern’ chart formation is found. The formation shows ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline down.

A descent downwards to the next support line at 4.136000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 4.882000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a bullish pattern signal. 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).

4.882000000 – 4.595000000 – 4.295000000 – 4.512000000 – 4.136000000 – 4.151000000 — 42.613877724492 – 36.055895669363

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