The combination Polkadot/Tether (DOT/USDT) goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 2.051 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 1.895 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Next a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.198 |
| 2nd High | 2.064 |
| Next High | 2.051 |
| Current Price | 1.930000000 |
| Next Low | 1.895 |
| 2nd Low | 1.834 |
| 3rd Low | 1.765 |
2.051 – 2.064 – 2 – 1.895 – 1.834 – 2.13 —
1.934000000 – 1.903000000 —
42.596863813795 – 31.156918479046 —
– —
2.05100 – 1768876200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top retreat up – –