DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) moves from the bearish trendline upwards
An ascending movement up to the next resistance at 2.738 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 2.527 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 2.867 |
| 2nd High | 2.802 |
| Next High | 2.738 |
| Current Price | 2.632000000 |
| Next Low | 2.527 |
| 2nd Low | 2.343 |
| 3rd Low | 0.633 |
2.738 – 2.802 – 2.764 – 2.642 – 2.686 – 2.617 — 39.158515680199 – 44.549815488041 — 31.932872117335 – 57.020310685842 – 18.641377440101 – 35.025996130928
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –