DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 3.778000000 will continue.
Caution: A possible change in the direction of resistance at 3.846000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.914000000 |
| 2nd High | 3.875000000 |
| Next High | 3.846000000 |
| Current Price | 3.806000000 |
| Next Low | 3.778000000 |
| 2nd Low | 3.732000000 |
| 3rd Low | 3.712000000 |
3.846000000 – 3.875000000 – 3.825000000 – 3.778000000 – 3.732000000 – 3.712000000 — 56.79667179271 – 48.786118273616
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –