DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance at 3.618000000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 3.560000000 could happen.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ chart pattern is found. The chart forms ‘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 | 3.616000000 |
| Next Low | 3.560000000 |
| 2nd Low | 3.459000000 |
| 3rd Low | 3.427000000 |
3.618000000 – 3.631000000 – 3.692000000 – 3.560000000 – 3.459000000 – 3.427000000 — 60.879472987769 – 61.548883325245
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –