The pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 4.193000000 is likely expected.
Caution: A possible trend reversal in the direction of support at 3.812000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Besides a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. this 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 success rate of a ‘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 | 4.193000000 |
| Current Price | 3.910000000 |
| Next Low | 3.812000000 |
| 2nd Low | 3.688000000 |
| 3rd Low | 3.644000000 |
4.193000000 – 3.997000000 – 3.966000000 – 4.044000000 – 3.923000000 – 3.890000000 — 27.399858426016 – 30.569408150682
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –