DOT/USDT – 30M – BUYThere is also a ‘Double bottom chart pattern’ chart layout is found. The chart picture shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
The pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance line at 4.185000000 is certain.
Caution: A possible change in the direction of the support level at 4.120000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | 4.371000000 |
| 2nd High | 4.207000000 |
| Next High | 4.185000000 |
| Current Price | 4.186000000 |
| Next Low | 4.120000000 |
| 2nd Low | 4.038000000 |
| 3rd Low | 3.690000000 |
4.185000000 – 4.207000000 – 3.853000000 – 4.120000000 – 4.038000000 – 3.690000000 — 59.862106626179 – 63.907996929557
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –