DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) goes from the descending trendline up.
An ascending movement up to the next resistance line at 4.103000000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 3.812000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern 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 | 4.554000000 |
| 2nd High | 4.371000000 |
| Next High | 4.103000000 |
| Current Price | 3.878000000 |
| Next Low | 3.812000000 |
| 2nd Low | 3.688000000 |
| 3rd Low | 3.644000000 |
4.103000000 – 4.371000000 – 4.317000000 – 3.812000000 – 3.903000000 – 3.916000000 — 40.70019887224 – 41.232364183803
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –