The pair Polkadot/Tether (DOT/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 4.182000000 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 4.030000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.371000000 |
| 2nd High | 4.283000000 |
| Next High | 4.182000000 |
| Current Price | 4.141000000 |
| Next Low | 4.030000000 |
| 2nd Low | 4.004000000 |
| 3rd Low | 4.003000000 |
4.182000000 – 4.100000000 – 4.082000000 – 4.030000000 – 4.004000000 – 4.003000000 — 52.392044123042 – 58.872106044886
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –