DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 2.764 is certain.
Caution: A possible reversal of the trend in the direction of support at 2.617 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.899 |
| 2nd High | 2.867 |
| Next High | 2.764 |
| Current Price | 2.718000000 |
| Next Low | 2.617 |
| 2nd Low | 2.527 |
| 3rd Low | 2.343 |
2.764 – 2.867 – 2.843 – 2.617 – 2.695 – 2.784 — 47.244078112295 – 50.608197843786 — 18.026748271563 – 25.235180777513 – 12.761154558162 – 18.087196342892
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –