DOT/USDT – 1H – SELL

The pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards

A descending movement downwards to the next support at 2.096 will persist.

Caution: A possible counter-trend in the direction of resistance at 2.393 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a bullish 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).

2.18 – 2.033 – 1.845 – 2.096 – 1.968 – 1.762 — 65.136805164571 – 49.960765762599 — 29.339774557166 – 24.483807478977 – 33.355313953318 – 26.838160154946

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –