The combination Polkadot/Tether (DOT/USDT) jumps from the bearish trendline up.
A bullish ascent up to the next resistance line at 4.084000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 3.323000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. which could be a positive signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ chart pattern is discovered. The candles form ‘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 | 4.554000000 |
| 2nd High | 4.309000000 |
| Next High | 4.084000000 |
| Current Price | 3.786000000 |
| Next Low | 3.323000000 |
| 2nd Low | 3.308000000 |
| 3rd Low | 3.274000000 |
4.084000000 – 4.309000000 – 4.206000000 – 3.820000000 – 3.905000000 – 3.863000000 — 29.767743266061 – 32.815843089755
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top retreat up –