DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 4.181000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 3.965000000 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. this is usually a bullish signal. The currency pair could go up.
Additionally a ‘Northern Doji’ candle chart pattern is found. The candles show ‘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 likelyhood 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 | 4.181000000 |
| Current Price | 4.017000000 |
| Next Low | 3.965000000 |
| 2nd Low | 3.688000000 |
| 3rd Low | 3.644000000 |
4.181000000 – 4.143000000 – 3.928000000 – 3.965000000 – 4.051000000 – 3.688000000 — 33.950702470617 – 40.316236385412
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –