DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 3.841000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 3.692000000 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.914000000 |
| 2nd High | 3.887000000 |
| Next High | 3.841000000 |
| Current Price | 3.825000000 |
| Next Low | 3.692000000 |
| 2nd Low | 3.612000000 |
| 3rd Low | 3.570000000 |
3.841000000 – 3.817000000 – 3.790000000 – 3.692000000 – 3.612000000 – 3.655000000 — 53.478882267398 – 57.434245885523
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom retreat down – –