DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 3.807000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3.995000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.283000000 |
| 2nd High | 4.146000000 |
| Next High | 3.995000000 |
| Current Price | 3.901000000 |
| Next Low | 3.807000000 |
| 2nd Low | 3.755000000 |
| 3rd Low | 3.689000000 |
3.995000000 – 3.934000000 – 3.925000000 – 3.807000000 – 3.836000000 – 3.848000000 — 56.956818313448 – 41.319446629868
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –