DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance at 3.934000000 will persist.
Caution: A possible trend reversal in the direction of the support line at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
Additionally a ‘Northern Doji’ candle 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 | 4.283000000 |
| 2nd High | 4.146000000 |
| Next High | 3.934000000 |
| Current Price | 3.881000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.934000000 – 3.925000000 – 3.923000000 – 3.836000000 – 3.848000000 – 3.755000000 — 51.730962169406 – 53.683841915437
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –