DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance line at 3.908000000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 3.697000000 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.970000000 |
| 2nd High | 3.960000000 |
| Next High | 3.908000000 |
| Current Price | 3.782000000 |
| Next Low | 3.697000000 |
| 2nd Low | 3.688000000 |
| 3rd Low | 3.644000000 |
3.908000000 – 3.960000000 – 3.970000000 – 3.697000000 – 3.786000000 – 3.830000000 — 49.193970160883 – 50.295145511596
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –