DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 3.567000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 3.313000000 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
Additionally a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.675000000 |
| 2nd High | 3.665000000 |
| Next High | 3.567000000 |
| Current Price | 3.382000000 |
| Next Low | 3.313000000 |
| 2nd Low | 3.274000000 |
| 3rd Low | 3.271000000 |
3.567000000 – 3.665000000 – 3.465000000 – 3.313000000 – 3.499000000 – 3.366000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji –