Sell DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) moves from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support line at 1.93 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 2 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 2.064
2nd High 2.051
Next High 2
Current Price 1.948000000
Next Low 1.93
2nd Low 1.873
3rd Low 1.834

2 – 1.96 – 2.051 – 1.93 – 1.873 – 1.881 —
1.962000000 – 1.950000000 —
50.771947341799 – 48.290811065191 —
– —
2.00000 – 1769032800

Trading Signals:

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