The currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 4.181000000 will continue.
Caution: A possible trend reversal in the direction of the support line at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.
And also a ‘StochRSI cross above 20’ indicator signal is found. The indicator shows ‘StochRSI cross above 20’. which could be a positive chart signal. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a positive signal. 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 | 4.554000000 |
| 2nd High | 4.309000000 |
| Next High | 4.181000000 |
| Current Price | 4.045000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.181000000 – 4.143000000 – 3.928000000 – 3.965000000 – 4.051000000 – 3.688000000 — 48.030944351678 – 49.254947581126
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –