DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) moves from the descending trendline downwards

A continuation of the downward movement down to the next support level at 2.089 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 2.169 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

2.169 – 2.179 – 2.16 – 2.089 – 2.11 – 2.117 — 59.943358582305 – 53.832814398309 — 100 – 89.019986413529 – 91.999272424904 – 94.860592775684

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