The pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 4.463000000 is certain.
Caution: A possible trend reversal in the direction of the support level at is within the realm of possibility.
Consider stop-loss settings accordingly.
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 signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency 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 | |
| 2nd High | 4.882000000 |
| Next High | 4.463000000 |
| Current Price | 4.374000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.463000000 – 4.416000000 – 4.882000000 – 4.322000000 – 4.289000000 – 4.512000000 — 53.997007805808 – 54.53907039822
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –