DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support level at 3.332000000 is certain.
Caution: A possible counter-trend in the direction of resistance at 4.110000000 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.598000000 |
| 2nd High | 4.346000000 |
| Next High | 4.110000000 |
| Current Price | 4.044000000 |
| Next Low | 3.332000000 |
| 2nd Low | 3.323000000 |
| 3rd Low | 3.308000000 |
4.110000000 – 4.016000000 – 3.427000000 – 3.332000000 – 3.323000000 – 3.365000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji –