DOT/USDT – 30M – SELLAlso there is a ‘Double top chart pattern’ chart formation is existing. The formation shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to go down.
The combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support at 3.863000000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 4.084000000 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.309000000 |
| Next High | 4.084000000 |
| Current Price | 3.876000000 |
| Next Low | 3.863000000 |
| 2nd Low | 3.839000000 |
| 3rd Low | 3.800000000 |
4.084000000 – 4.309000000 – 4.218000000 – 3.905000000 – 4.115000000 – 4.113000000 — 34.935648339043 – 30.336954943076
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top chart pattern –