DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 3.928000000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 3.688000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI fall below 80’ indicator layout is existing. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The currency pair could go down.
Furthermore a ‘Northern Doji’ chart pattern is discovered. The candles show ‘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 | 3.928000000 |
| Current Price | 3.924000000 |
| Next Low | 3.688000000 |
| 2nd Low | 3.644000000 |
| 3rd Low | 3.570000000 |
3.928000000 – 3.806000000 – 3.696000000 – 3.688000000 – 3.644000000 – 3.570000000 — 63.33274376593 – 65.43507042841
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –