DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 4.265000000 is expected.
Caution: A possible trend reversal in the direction of support at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. 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 | 4.265000000 |
| Current Price | 4.119000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.265000000 – 4.185000000 – 4.207000000 – 4.013000000 – 4.120000000 – 4.038000000 — 49.885409299054 – 50.451287433992
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –