DOT/USDT – 1H – BUYThe combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline down.
A bearish descent down to the next support line at 7.460000000 is likely expected.
Caution: A possible change in the direction of resistance at 7.735000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Southern Doji’ candlestick chart pattern is discovered. The candles show ‘Southern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.468000000 |
| 2nd High | 7.802000000 |
| Next High | 7.735000000 |
| Current Price | 7.644000000 |
| Next Low | 7.460000000 |
| 2nd Low | 7.102000000 |
| 3rd Low | 6.520000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Southern Doji