DOT/USDT – 30M – SELL

The currency pair Polkadot/Tether (DOT/USDT) moves from the descending trendline down.

A continuation of the downward movement downwards to the next support level at 0.884 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.978 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘Southern Doji’ chart pattern is existing. The candles form ‘Southern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.978 – 0.996 – 1.001 – 0.949 – 0.951 – 0.884 —
0.969000000 – 0.959000000 —
48.072628094492 – 35.723110476662 —
– —
0.978 – 1780983000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Southern Doji – – –