DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 2.37 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 2.257 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The 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 | 2.62 |
| 2nd High | 2.435 |
| Next High | 2.37 |
| Current Price | 2.294000000 |
| Next Low | 2.257 |
| 2nd Low | 2.252 |
| 3rd Low | 0.633 |
2.37 – 2.435 – 2.62 – 2.257 – 2.264 – 2.273 — 37.221522164492 – 38.27281457795 — 5.9494046357897 – 13.373448027459 – 2.1301491908722 – 6.4409508877495
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –