The combination Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 3.921000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 3.568000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.309000000 |
| 2nd High | 4.084000000 |
| Next High | 3.921000000 |
| Current Price | 3.663000000 |
| Next Low | 3.568000000 |
| 2nd Low | 3.332000000 |
| 3rd Low | 3.323000000 |
3.921000000 – 3.858000000 – 3.921000000 – 3.568000000 – 3.745000000 – 3.626000000 — 47.851478460075 – 50.863083423721
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – –