The combination Polkadot/Tether (DOT/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 4.146000000 is expected.
Caution: A possible change in the direction of support at 3.755000000 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.371000000 |
| 2nd High | 4.283000000 |
| Next High | 4.146000000 |
| Current Price | 3.915000000 |
| Next Low | 3.755000000 |
| 2nd Low | 3.689000000 |
| 3rd Low | 3.688000000 |
3.856000000 – 3.815000000 – 4.146000000 – 3.755000000 – 3.689000000 – 3.853000000 — 70.517161706533 – 71.535731638211
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –