DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline up.
The bullish trend up to the next resistance at 4.136000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 3.894000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading 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 | 3.960000000 |
| Next Low | 3.894000000 |
| 2nd Low | 3.839000000 |
| 3rd Low | 3.800000000 |
4.136000000 – 4.202000000 – 4.554000000 – 3.894000000 – 4.000000000 – 4.355000000 — 43.925180564707 – 44.291297174371
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – –