DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 2.249 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 2.127 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 2.1875 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 2.249 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.393 |
| 2nd High | 2.263 |
| Next High | 2.249 |
| Current Price | 2.153000000 |
| Next Low | 2.127 |
| 2nd Low | 2.112 |
| 3rd Low | 2.096 |
2.249 – 2.242 – 2.263 – 2.127 – 2.112 – 2.179 — 50.215239057072 – 50.56480765334 — 76.915577491393 – 85.607653170033 – 75.448229621238 – 79.831215915669
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –