DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) goes from the descending trendline up.
A bullish movement up to the next resistance level at 3.577000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 3.330000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.675000000 |
| 2nd High | 3.595000000 |
| Next High | 3.577000000 |
| Current Price | 3.423000000 |
| Next Low | 3.330000000 |
| 2nd Low | 3.250000000 |
| 3rd Low |
3.577000000 – 3.595000000 – 3.675000000 – 3.330000000 – 3.459000000 – 3.496000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji