DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) jumps from the bearish trendline up.
A bullish ascent upwards to the next resistance line at 4.468000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 4.153000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency 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 | 4.673000000 |
| 2nd High | 4.626000000 |
| Next High | 4.468000000 |
| Current Price | 4.327000000 |
| Next Low | 4.153000000 |
| 2nd Low | 4.119000000 |
| 3rd Low | 4.054000000 |
4.468000000 – 4.626000000 – 4.281000000 – 4.363000000 – 4.417000000 – 4.153000000 — 31.318904619502 – 34.450950249196
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –