The currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 3.872000000 is expected.
Caution: A possible change in the direction of support at 3.773000000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.960000000 |
| 2nd High | 3.923000000 |
| Next High | 3.872000000 |
| Current Price | 3.814000000 |
| Next Low | 3.773000000 |
| 2nd Low | 3.710000000 |
| 3rd Low | 3.697000000 |
3.872000000 – 3.923000000 – 3.905000000 – 3.773000000 – 3.710000000 – 3.697000000 — 43.980234676149 – 48.877077277142
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –