The combination Polkadot/Tether (DOT/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 4.371000000 will persist.
Caution: A possible change in the direction of the support level at 4.153000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | 4.673000000 |
| 2nd High | 4.554000000 |
| Next High | 4.371000000 |
| Current Price | 4.339000000 |
| Next Low | 4.153000000 |
| 2nd Low | 4.119000000 |
| 3rd Low | 4.054000000 |
4.281000000 – 4.244000000 – 4.258000000 – 4.153000000 – 4.201000000 – 4.119000000 — 61.883984994097 – 65.292433185338
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –