DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 3.914000000 is certain.
Caution: A possible reversal of the trend in the direction of support at 3.750000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.021000000 |
| 2nd High | 4.005000000 |
| Next High | 3.914000000 |
| Current Price | 3.804000000 |
| Next Low | 3.750000000 |
| 2nd Low | 3.689000000 |
| 3rd Low | 3.688000000 |
3.914000000 – 4.005000000 – 4.021000000 – 3.750000000 – 3.874000000 – 3.807000000 — 54.096777410476 – 54.326222971758
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –