DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance level at 4.195000000 is likely expected.
Caution: A possible counter-trend in the direction of support at 4.113000000 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘RSI cross above 70’ indicator layout is detected. The indicator is ‘RSI cross above 70’. which could be a positive signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 4.195000000 |
| Current Price | 4.195000000 |
| Next Low | 4.113000000 |
| 2nd Low | 4.084000000 |
| 3rd Low | 3.900000000 |
4.195000000 – 4.131000000 – 4.077000000 – 4.113000000 – 4.084000000 – 3.900000000 — 58.984055197128 – 65.846450916804
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – –