The pair Polkadot/Tether (DOT/USDT) goes from the descending trendline upwards
A bullish trend upwards to the next resistance at 3.692000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 3.568000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.084000000 |
| 2nd High | 3.921000000 |
| Next High | 3.692000000 |
| Current Price | 3.613000000 |
| Next Low | 3.568000000 |
| 2nd Low | 3.332000000 |
| 3rd Low | 3.323000000 |
3.692000000 – 3.921000000 – 3.858000000 – 3.568000000 – 3.745000000 – 3.626000000 — 45.416552276526 – 47.693047323942
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – –