DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 4.103000000 is certain.
Caution: A possible counter-trend in the direction of the support line at 3.923000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle pattern is existing. The candles show ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.371000000 |
| Next High | 4.103000000 |
| Current Price | 4.068000000 |
| Next Low | 3.923000000 |
| 2nd Low | 3.890000000 |
| 3rd Low | 3.812000000 |
3.997000000 – 3.966000000 – 3.955000000 – 3.923000000 – 3.890000000 – 3.812000000 — 58.661402820109 – 60.529853180971
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –