DOT/USDT – 1H – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 2.16 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 2.04 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. 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 | 2.4 |
| 2nd High | 2.164 |
| Next High | 2.16 |
| Current Price | 2.145000000 |
| Next Low | 2.04 |
| 2nd Low | 1.961 |
| 3rd Low | 0.633 |
2.16 – 2.156 – 2.164 – 2.04 – 2.087 – 2.245 — 51.440373295656 – 54.070748811457 — 29.224039022751 – 28.27018367423 – 40.50835100111 – 32.414380218826
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –