The combination Polkadot/Tether (DOT/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 3.995000000 is considered certain.
Caution: A possible change in the direction of the support line at 3.807000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.283000000 |
| 2nd High | 4.146000000 |
| Next High | 3.995000000 |
| Current Price | 3.975000000 |
| Next Low | 3.807000000 |
| 2nd Low | 3.755000000 |
| 3rd Low | 3.689000000 |
3.995000000 – 3.934000000 – 3.925000000 – 3.807000000 – 3.836000000 – 3.848000000 — 62.008083207167 – 63.215866558098
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –