DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 4.309000000 is considered certain.
Caution: A possible trend reversal in the direction of support at 4.115000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
Additionally a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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 | 4.309000000 |
| Current Price | 4.226000000 |
| Next Low | 4.115000000 |
| 2nd Low | 4.113000000 |
| 3rd Low | 4.084000000 |
4.309000000 – 4.218000000 – 4.206000000 – 4.115000000 – 4.113000000 – 4.084000000 — 44.078808294822 – 44.695178565803
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – –