DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 3.654000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 3.560000000 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘StochRSI cross above 20’ indicator layout is found. The indicator is ‘StochRSI cross above 20’. which could be a positive chart scenario. The pair is likely to go up.
Besides a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. 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 | 3.692000000 |
| 2nd High | 3.666000000 |
| Next High | 3.654000000 |
| Current Price | 3.695000000 |
| Next Low | 3.560000000 |
| 2nd Low | 3.459000000 |
| 3rd Low | 3.427000000 |
3.654000000 – 3.666000000 – 3.618000000 – 3.560000000 – 3.459000000 – 3.427000000 — 53.277336375785 – 56.729114597109
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –