DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 3.817000000 will continue.
Caution: A possible change in the direction of support at 3.697000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency 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 | 3.960000000 |
| 2nd High | 3.908000000 |
| Next High | 3.817000000 |
| Current Price | 3.809000000 |
| Next Low | 3.697000000 |
| 2nd Low | 3.688000000 |
| 3rd Low | 3.644000000 |
3.817000000 – 3.908000000 – 3.960000000 – 3.697000000 – 3.786000000 – 3.830000000 — 52.414140081364 – 56.307809924917
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –