The combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 1.603 is considered certain.
Caution: A possible change in the direction of the support level at 1.498 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Next a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.683 |
| 2nd High | 1.681 |
| Next High | 1.603 |
| Current Price | 1.526000000 |
| Next Low | 1.498 |
| 2nd Low | 1.458 |
| 3rd Low | 1.235 |
1.603 – 1.599 – 1.681 – 1.498 – 1.504 – 1.458 —
1.570000000 – 1.528000000 —
57.112485193032 – 41.68471921541 —
– —
1.603 – 1772467200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –