DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance at 2.397 is certain.
Caution: A possible trend reversal in the direction of the support zone at 2.242 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which could be a positive signal. The currency pair could go up.
Additionally a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.62 |
| 2nd High | 2.435 |
| Next High | 2.397 |
| Current Price | 2.223000000 |
| Next Low | 2.242 |
| 2nd Low | 0.633 |
| 3rd Low |
2.397 – 2.339 – 2.37 – 2.242 – 2.244 – 2.275 — 31.481203078476 – 35.898150496694 — 15.321455361998 – 22.234592966141 – 29.889159577256 – 19.44501355462
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –