The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 3.885000000 will persist.
Caution: A possible change in the direction of support at could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The pair is likely to go up.
There is also a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.906000000 |
| 2nd High | 3.894000000 |
| Next High | 3.885000000 |
| Current Price | 3.818000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.885000000 – 3.894000000 – 3.906000000 – 3.725000000 – 3.692000000 – 3.612000000 — 49.481945834598 – 50.595834999771
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –