The combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 4.281000000 will continue.
Caution: A possible trend reversal in the direction of the support level at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The 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 | 4.371000000 |
| 2nd High | 4.283000000 |
| Next High | 4.281000000 |
| Current Price | 4.226000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.281000000 – 4.244000000 – 4.258000000 – 4.201000000 – 4.119000000 – 4.144000000 — 45.263871129823 – 53.655488931215
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –