DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) moves from the descending trendline up.
An ascending movement upwards to the next resistance at 3.631000000 will continue.
Caution: A possible counter-trend in the direction of support at 3.446000000 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | 3.921000000 |
| 2nd High | 3.692000000 |
| Next High | 3.631000000 |
| Current Price | 3.571000000 |
| Next Low | 3.446000000 |
| 2nd Low | 3.332000000 |
| 3rd Low | 3.323000000 |
3.631000000 – 3.692000000 – 3.921000000 – 3.446000000 – 3.568000000 – 3.745000000 — 42.501860914903 – 49.669506941714
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – –