The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 2.365 is certain.
Caution: A possible change in the direction of the support zone at 2.274 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair is likely to rise.
There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Current target is 2.298824 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 2.365 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.397 |
| 2nd High | 2.39 |
| Next High | 2.365 |
| Current Price | 2.290000000 |
| Next Low | 2.274 |
| 2nd Low | 2.256 |
| 3rd Low | 2.176 |
2.365 – 2.39 – 2.353 – 2.274 – 2.293 – 2.308 — 39.076445727219 – 46.89977328359 — 16.491314062567 – 45.238364851093 – 17.597495156223 – 24.277043929455
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –