The pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline up.
A bullish movement upwards to the next resistance at 4.021000000 will continue.
Caution: A possible change in the direction of the support level at 3.883000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. which could be a negative signal. The currency pair is likely to fall.
Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish 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 | 4.181000000 |
| 2nd High | 4.158000000 |
| Next High | 4.021000000 |
| Current Price | 3.862000000 |
| Next Low | 3.883000000 |
| 2nd Low | 3.688000000 |
| 3rd Low | 3.644000000 |
4.021000000 – 4.158000000 – 4.091000000 – 3.883000000 – 4.011000000 – 3.975000000 — 31.200644410984 – 33.579405067393
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –