The currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 3.960000000 will continue.
Caution: A possible trend reversal in the direction of the support zone at 3.786000000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a positive 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 | 4.193000000 |
| 2nd High | 3.970000000 |
| Next High | 3.960000000 |
| Current Price | 3.870000000 |
| Next Low | 3.786000000 |
| 2nd Low | 3.688000000 |
| 3rd Low | 3.644000000 |
3.960000000 – 3.970000000 – 4.193000000 – 3.786000000 – 3.830000000 – 4.044000000 — 44.012027250977 – 50.083269705247
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –