DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 3.567000000 will continue.
Caution: A possible counter-trend in the direction of the support zone at 3.366000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.675000000 |
| 2nd High | 3.665000000 |
| Next High | 3.567000000 |
| Current Price | 3.458000000 |
| Next Low | 3.366000000 |
| 2nd Low | 3.352000000 |
| 3rd Low | 3.274000000 |
3.567000000 – 3.665000000 – 3.465000000 – 3.499000000 – 3.366000000 – 3.352000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji –