DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline upwards
The bullish trend up to the next resistance line at 3.960000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 3.786000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 | 3.821000000 |
| Next Low | 3.786000000 |
| 2nd Low | 3.688000000 |
| 3rd Low | 3.644000000 |
3.960000000 – 3.970000000 – 4.193000000 – 3.786000000 – 3.830000000 – 4.044000000 — 36.932353311956 – 41.296828421321
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –