DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 3.921000000 is expected.
Caution: A possible trend reversal in the direction of the support zone at 3.626000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘RSI cross above 30’ indicator layout is detected. The indicator is ‘RSI cross above 30’. which could be a positive chart signal. The currency pair could go up.
There is also a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. 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 | 4.309000000 |
| 2nd High | 4.084000000 |
| Next High | 3.921000000 |
| Current Price | 3.766000000 |
| Next Low | 3.626000000 |
| 2nd Low | 3.332000000 |
| 3rd Low | 3.323000000 |
3.921000000 – 3.858000000 – 3.921000000 – 3.626000000 – 3.732000000 – 3.820000000 — 28.663043547718 – 31.543045281681
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top chart pattern –