Sell DOT/USDT – 30M – SELL

The combination Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.

A bearish movement downwards to the next support line at 2.112 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 2.249 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. this 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 2.393
2nd High 2.263
Next High 2.249
Current Price 2.141000000
Next Low 2.112
2nd Low 2.096
3rd Low 1.968

2.249 – 2.242 – 2.263 – 2.112 – 2.179 – 2.182 — 43.953508288835 – 38.204103710333 — 11.445465104002 – 15.370605004751 – 6.2686380338445 – 10.16543153584

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