DOT/USDT – 30M – SELL

The pair Polkadot/Tether (DOT/USDT) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support level at 3.446000000 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 3.631000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency 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).

3.631000000 – 3.692000000 – 3.921000000 – 3.509000000 – 3.446000000 – 3.568000000 — 47.894724682835 – 45.00200078631

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top chart pattern –