DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) goes from the descending trendline upwards
A bullish trend upwards to the next resistance at 4.136000000 is expected.
Caution: A possible change in the direction of support at 3.894000000 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.202000000 |
| Next High | 4.136000000 |
| Current Price | 3.999000000 |
| Next Low | 3.894000000 |
| 2nd Low | 3.839000000 |
| 3rd Low | 3.800000000 |
4.136000000 – 4.202000000 – 4.554000000 – 3.894000000 – 4.000000000 – 4.355000000 — 38.186254721003 – 45.052431477611
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern –