There is also a ‘Double bottom chart pattern’ chart formation is found. The chart shows ‘Double bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to go up.
The currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 3.934000000 will persist.
Caution: A possible change in the direction of the support level at 3.807000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
There is also a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.283000000 |
| 2nd High | 4.146000000 |
| Next High | 3.934000000 |
| Current Price | 3.935000000 |
| Next Low | 3.807000000 |
| 2nd Low | 3.755000000 |
| 3rd Low | 3.689000000 |
3.934000000 – 3.925000000 – 3.923000000 – 3.807000000 – 3.836000000 – 3.848000000 — 64.043498660945 – 65.778462425894
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –