DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 4.112000000 is considered certain.
Caution: A possible change in the direction of the support zone at 3.963000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 4.225000000 |
| 2nd High | 4.214000000 |
| Next High | 4.112000000 |
| Current Price | 4.202000000 |
| Next Low | 3.963000000 |
| 2nd Low | 3.868000000 |
| 3rd Low | 3.742000000 |
4.077000000 – 4.112000000 – 4.056000000 – 3.963000000 – 3.977000000 – 4.013000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji