The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 4.727000000 is certain.
Caution: A possible change in the direction of the support line at 4.434000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 5.267000000 |
2nd High | 4.956000000 |
Next High | 4.727000000 |
Current Price | 4.586000000 |
Next Low | 4.434000000 |
2nd Low | 4.412000000 |
3rd Low | 4.206000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji