DOT/USDT – 1H – BUYMoreover a ‘Triple top chart pattern’ chart formation is existing. The formation shows ‘Triple top chart pattern’. which is a negative signal. The currency pair is likely to fall.
The pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline up.
An ascent up to the next resistance level at 2.82 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 2.527 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘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 | 2.82 |
| Current Price | 2.539000000 |
| Next Low | 2.527 |
| 2nd Low | 2.343 |
| 3rd Low | 0.633 |
2.82 – 2.738 – 2.802 – 2.569 – 2.642 – 2.617 — 38.114157828567 – 38.281740868887 — 26.453411810347 – 31.93217271362 – 26.866393653443 – 28.516353509344
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Triple top chart pattern – –