DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.
A bearish movement down to the next support line at 4.381000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 4.673000000 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Southern Doji’ chart pattern is detected. The chart shows ‘Southern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.120000000 |
| 2nd High | 4.682000000 |
| Next High | 4.673000000 |
| Current Price | 4.418000000 |
| Next Low | 4.381000000 |
| 2nd Low | 4.348000000 |
| 3rd Low | 4.165000000 |
4.673000000 – 4.587000000 – 4.454000000 – 4.381000000 – 4.348000000 – 4.165000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Southern Doji –