DOT/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 3.853000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 4.146000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.146000000 – 4.283000000 – 4.265000000 – 3.853000000 – 4.013000000 – 4.120000000 — 36.099194050441 – 33.984855826433

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –