DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) moves from the descending trendline upwards
An ascent upwards to the next resistance line at 4.202000000 will persist.
Caution: A possible counter-trend in the direction of support at 3.894000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. this is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.673000000 |
| 2nd High | 4.554000000 |
| Next High | 4.202000000 |
| Current Price | 4.098000000 |
| Next Low | 3.894000000 |
| 2nd Low | 3.839000000 |
| 3rd Low | 3.800000000 |
4.202000000 – 4.554000000 – 4.498000000 – 3.894000000 – 4.000000000 – 4.355000000 — 44.004011229093 – 56.327555863728
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top retreat up –