DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 4.103000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 3.903000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.371000000 |
| Next High | 4.103000000 |
| Current Price | 3.994000000 |
| Next Low | 3.903000000 |
| 2nd Low | 3.837000000 |
| 3rd Low | 3.817000000 |
4.103000000 – 4.371000000 – 4.317000000 – 3.903000000 – 3.916000000 – 4.170000000 — 43.908475861631 – 45.456280954724
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –