DOT/USDT – 1H – SELLMoreover a ‘Triple top chart pattern’ chart pattern is discovered. The chart shows ‘Triple top chart pattern’. which is a bearish signal. The currency pair is likely to fall.
The pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support line at 2.343 is expected.
Caution: A possible change in the direction of resistance at 2.82 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.899 |
| 2nd High | 2.867 |
| Next High | 2.82 |
| Current Price | 2.345000000 |
| Next Low | 2.343 |
| 2nd Low | 0.633 |
| 3rd Low |
2.82 – 2.738 – 2.802 – 2.569 – 2.642 – 2.617 — 27.856294350858 – 25.837010468763 — 13.003795499295 – 4.8600213777262 – 16.555878388162 – 8.7093749956332
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Triple top chart pattern – –