DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance level at 4.463000000 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 4.322000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | |
| 2nd High | 4.882000000 |
| Next High | 4.463000000 |
| Current Price | 4.357000000 |
| Next Low | 4.322000000 |
| 2nd Low | 4.289000000 |
| 3rd Low | 4.136000000 |
4.463000000 – 4.416000000 – 4.882000000 – 4.322000000 – 4.289000000 – 4.512000000 — 47.367725610004 – 48.766862252858
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –