DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) moves from the descending trendline up.
The bullish trend upwards to the next resistance line at 4.103000000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 3.837000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. 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 | 4.371000000 |
| Next High | 4.103000000 |
| Current Price | 3.896000000 |
| Next Low | 3.837000000 |
| 2nd Low | 3.817000000 |
| 3rd Low | 3.688000000 |
4.103000000 – 4.371000000 – 4.317000000 – 3.903000000 – 3.916000000 – 4.170000000 — 32.204369932725 – 35.494043673876
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –