DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
A descent down to the next support at 3.923000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 4.193000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.371000000 |
| Next High | 4.193000000 |
| Current Price | 4.067000000 |
| Next Low | 3.923000000 |
| 2nd Low | 3.890000000 |
| 3rd Low | 3.812000000 |
4.193000000 – 3.997000000 – 3.966000000 – 3.923000000 – 3.890000000 – 3.812000000 — 49.403696149415 – 48.119579167043
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –