DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 4.283000000 will persist.
Caution: A possible counter-trend in the direction of support at 4.144000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 4.283000000 |
| Current Price | 4.242000000 |
| Next Low | 4.144000000 |
| 2nd Low | 4.054000000 |
| 3rd Low | 4.030000000 |
4.209000000 – 4.154000000 – 4.182000000 – 4.144000000 – 4.054000000 – 4.030000000 — 61.131847754627 – 62.308954878259
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –