The combination Polkadot/Tether (DOT/USDT) moves from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 4.258000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 4.054000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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 | 4.258000000 |
| Current Price | 4.218000000 |
| Next Low | 4.054000000 |
| 2nd Low | 4.030000000 |
| 3rd Low | 4.003000000 |
4.258000000 – 4.154000000 – 4.182000000 – 4.054000000 – 4.030000000 – 4.003000000 — 55.73612886013 – 56.977088553731
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –