DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 2.37 is certain.
Caution: A possible reversal of the trend in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
Also there is a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.62 |
| 2nd High | 2.435 |
| Next High | 2.37 |
| Current Price | 2.351000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.37 – 2.435 – 2.62 – 2.257 – 2.264 – 2.273 — 50.904302516728 – 56.81062880328 — 21.800740966193 – 31.503031147655 – 29.416775863456 – 25.671331116914
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –