DOT/USDT – 30M – BUYThere is also a ‘Double bottom chart pattern’ chart pattern is discovered. The formation shows ‘Double bottom chart pattern’. this is a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2.796672 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 2.802 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.899 |
| 2nd High | 2.867 |
| Next High | 2.802 |
| Current Price | 2.741000000 |
| Next Low | 2.569 |
| 2nd Low | 2.527 |
| 3rd Low | 2.343 |
2.738 – 2.802 – 2.764 – 2.569 – 2.642 – 2.686 — 63.330904846341 – 66.241481395254 — 69.403468374469 – 79.623696874427 – 67.554061906545 – 71.506972299311
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –