The combination Polkadot/Tether (DOT/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 3.928000000 is likely expected.
Caution: A possible change in the direction of the support line at 3.688000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI fall below 80’ indicator signal is existing. The indicator is ‘StochRSI fall below 80’. which is often a bearish signal. The pair is likely to go down.
Also there is a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.309000000 |
| 2nd High | 4.084000000 |
| Next High | 3.928000000 |
| Current Price | 3.924000000 |
| Next Low | 3.688000000 |
| 2nd Low | 3.644000000 |
| 3rd Low | 3.570000000 |
3.928000000 – 3.806000000 – 3.696000000 – 3.688000000 – 3.644000000 – 3.570000000 — 63.33274376593 – 65.43507042841
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –