The currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance level at 4.468000000 will persist.
Caution: A possible counter-trend in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
Besides a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.673000000 |
| 2nd High | 4.626000000 |
| Next High | 4.468000000 |
| Current Price | 4.368000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.468000000 – 4.626000000 – 4.281000000 – 4.280000000 – 4.363000000 – 4.417000000 — 50.358798855578 – 53.869527324497
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –