The pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 4.624000000 is likely expected.
Caution: A possible change in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The 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 | 5.120000000 |
| 2nd High | 4.682000000 |
| Next High | 4.624000000 |
| Current Price | 4.243000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.624000000 – 4.277000000 – 4.269000000 – 4.075000000 – 4.065000000 – 4.081000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji –