DOT/USDT – 30M – SELL

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

The bearish trend down to the next support level at is certain.

Caution: A possible change in the direction of resistance at 4.112000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.112000000 – 4.056000000 – 4.053000000 – 3.977000000 – 4.013000000 – 4.004000000

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