DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance level at 3.757000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 3.560000000 could happen.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Next a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. 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 | 3.757000000 |
| Current Price | 3.674000000 |
| Next Low | 3.560000000 |
| 2nd Low | 3.459000000 |
| 3rd Low | 3.427000000 |
3.757000000 – 3.654000000 – 3.666000000 – 3.670000000 – 3.560000000 – 3.459000000 — 46.890336941007 – 52.16073060393
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –