The combination Polkadot/Tether (DOT/USDT) moves from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 4.281000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.371000000 |
| 2nd High | 4.283000000 |
| Next High | 4.281000000 |
| Current Price | 4.203000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.281000000 – 4.244000000 – 4.258000000 – 4.201000000 – 4.119000000 – 4.144000000 — 44.44051953195 – 46.91708841188
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –