The combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 2.802 is expected.
Caution: A possible trend reversal in the direction of the support zone at is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
Then a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which could be a positive signal. The currency pair could go up.
Then a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The 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 | 2.899 |
| 2nd High | 2.867 |
| Next High | 2.802 |
| Current Price | 2.758000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.802 – 2.764 – 2.867 – 2.686 – 2.617 – 2.695 — 49.08672888381 – 51.5257919259 — 16.538311781532 – 18.842426348508 – 22.363202826012 – 17.608701263642
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –