DOT/USDT – 30M – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

The combination Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 2.12 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).

2.12 – 2.13 – 2.13 – 2.084 – 2.069 – 2.048 — 47.929464980106 – 43.432707724403 — 55.21760585939 – 59.435639474909 – 51.999309247809 – 55.713307994901

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