DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) goes from the descending trendline upwards
An ascending movement up to the next resistance level at 3.908000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 3.688000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.970000000 |
| 2nd High | 3.960000000 |
| Next High | 3.908000000 |
| Current Price | 3.776000000 |
| Next Low | 3.688000000 |
| 2nd Low | 3.644000000 |
| 3rd Low | 3.570000000 |
3.908000000 – 3.960000000 – 3.970000000 – 3.786000000 – 3.830000000 – 4.044000000 — 37.509620467833 – 42.756915380969
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top retreat up – –