The combination Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance level at 3.618000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 3.560000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘RSI cross above 70’ indicator layout is discovered. The indicator is ‘RSI cross above 70’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator is ‘StochRSI cross above 20’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘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 | 3.692000000 |
| 2nd High | 3.631000000 |
| Next High | 3.618000000 |
| Current Price | 3.660000000 |
| Next Low | 3.560000000 |
| 2nd Low | 3.459000000 |
| 3rd Low | 3.427000000 |
3.618000000 – 3.631000000 – 3.692000000 – 3.560000000 – 3.459000000 – 3.427000000 — 59.196636714015 – 69.95567153673
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –