DOT/USDT – 30M – BUYFurthermore a ‘Double bottom chart pattern’ chart layout is found. The chart shows ‘Double bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to rise.
The currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 3.441000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 3.393000000 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.508000000 |
| 2nd High | 3.465000000 |
| Next High | 3.441000000 |
| Current Price | 3.442000000 |
| Next Low | 3.393000000 |
| 2nd Low | 3.274000000 |
| 3rd Low | 3.271000000 |
3.441000000 – 3.356000000 – 3.433000000 – 3.393000000 – 3.274000000 – 3.271000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern