DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance line at 3.631000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 3.427000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Next a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 3.921000000 |
| 2nd High | 3.692000000 |
| Next High | 3.631000000 |
| Current Price | 3.529000000 |
| Next Low | 3.427000000 |
| 2nd Low | 3.332000000 |
| 3rd Low | 3.323000000 |
3.631000000 – 3.692000000 – 3.921000000 – 3.427000000 – 3.509000000 – 3.446000000 — 52.166685702212 – 52.747631187967
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – –