The currency pair Polkadot/Tether (DOT/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 3.928000000 will persist.
Caution: A possible counter-trend in the direction of the support zone at 3.688000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘RSI fall below 70’ indicator layout is discovered. The indicator shows ‘RSI fall below 70’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.309000000 |
| 2nd High | 4.084000000 |
| Next High | 3.928000000 |
| Current Price | 3.924000000 |
| Next Low | 3.688000000 |
| 2nd Low | 3.644000000 |
| 3rd Low | 3.570000000 |
3.928000000 – 3.806000000 – 3.696000000 – 3.688000000 – 3.644000000 – 3.570000000 — 63.33274376593 – 65.43507042841
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –