DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 4.682000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 4.381000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.267000000 |
| 2nd High | 5.120000000 |
| Next High | 4.682000000 |
| Current Price | 4.517000000 |
| Next Low | 4.381000000 |
| 2nd Low | 4.348000000 |
| 3rd Low | 4.165000000 |
4.587000000 – 4.454000000 – 4.335000000 – 4.381000000 – 4.348000000 – 4.165000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji –