The pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 4.283000000 is considered certain.
Caution: A possible change in the direction of the support line at 3.690000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
And also a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.673000000 |
| 2nd High | 4.371000000 |
| Next High | 4.283000000 |
| Current Price | 3.861000000 |
| Next Low | 3.690000000 |
| 2nd Low | 3.538000000 |
| 3rd Low | 3.427000000 |
4.283000000 – 4.193000000 – 4.371000000 – 3.690000000 – 3.697000000 – 3.812000000 — 41.168646396067 – 45.272422955012
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –