DOT/USDT – 30M – BUYAdditionally a ‘Double top retreat up’ chart layout is found. The chart forms ‘Double top retreat up’. this is a bullish pattern signal. The pair is likely to go up.
The combination Polkadot/Tether (DOT/USDT) jumps from the bearish trendline upwards
The bullish trend upwards to the next resistance level at 4.084000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 3.905000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.309000000 |
| Next High | 4.084000000 |
| Current Price | 3.916000000 |
| Next Low | 3.905000000 |
| 2nd Low | 3.900000000 |
| 3rd Low | 3.863000000 |
4.084000000 – 4.309000000 – 4.218000000 – 3.905000000 – 4.115000000 – 4.113000000 — 34.539993740194 – 39.328355519591
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top retreat up –