DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline up.
The bullish trend upwards to the next resistance level at 3.786000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 3.572000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency 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 | 4.105000000 |
| 2nd High | 3.991000000 |
| Next High | 3.786000000 |
| Current Price | 3.640000000 |
| Next Low | 3.572000000 |
| 2nd Low | 3.389000000 |
| 3rd Low | 3.339000000 |
3.786000000 – 3.991000000 – 3.834000000 – 3.572000000 – 3.663000000 – 3.773000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji