DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 2.235 will continue.
Caution: A possible change in the direction of the support line at 2.13 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.296 |
| 2nd High | 2.238 |
| Next High | 2.235 |
| Current Price | 2.179000000 |
| Next Low | 2.13 |
| 2nd Low | 2.056 |
| 3rd Low | 2.038 |
2.235 – 2.138 – 2.156 – 2.13 – 2.141 – 2.056 — 54.636300957243 – 55.066240132646 — 66.121158874783 – 57.725971155758 – 72.702560469141 – 66.717976533337
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –