The combination Polkadot/Tether (DOT/USDT) goes from the bearish trendline up.
An ascent up to the next resistance level at 3.806000000 is certain.
Caution: A possible change in the direction of the support level at 3.692000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish signal. The currency 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 | 3.914000000 |
| 2nd High | 3.906000000 |
| Next High | 3.806000000 |
| Current Price | 3.758000000 |
| Next Low | 3.692000000 |
| 2nd Low | 3.612000000 |
| 3rd Low | 3.570000000 |
3.806000000 – 3.906000000 – 3.841000000 – 3.762000000 – 3.786000000 – 3.692000000 — 33.047857845037 – 33.047857845037
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –