DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline up.
An ascent upwards to the next resistance at 4.146000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 3.690000000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.371000000 |
| 2nd High | 4.283000000 |
| Next High | 4.146000000 |
| Current Price | 3.910000000 |
| Next Low | 3.690000000 |
| 2nd Low | 3.688000000 |
| 3rd Low | 3.644000000 |
4.146000000 – 4.283000000 – 4.265000000 – 4.013000000 – 4.120000000 – 4.038000000 — 35.594973393744 – 36.984123400623
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –