The pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 3.395000000 is considered certain.
Caution: A possible change in the direction of support at 3.313000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.665000000 |
| 2nd High | 3.567000000 |
| Next High | 3.395000000 |
| Current Price | 3.372000000 |
| Next Low | 3.313000000 |
| 2nd Low | 3.274000000 |
| 3rd Low | 3.271000000 |
3.395000000 – 3.567000000 – 3.665000000 – 3.313000000 – 3.499000000 – 3.366000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji –