DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 2.393 is considered certain.
Caution: A possible counter-trend in the direction of support at 2.096 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.435 |
| 2nd High | 2.4 |
| Next High | 2.393 |
| Current Price | 2.221000000 |
| Next Low | 2.096 |
| 2nd Low | 1.968 |
| 3rd Low | 1.765 |
2.173 – 2.01 – 2.033 – 2.096 – 2.119 – 1.968 — 55.752924151251 – 57.538470994972 — 16.597750058131 – 21.523159988633 – 20.142909667868 – 15.498244284278
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Triple bottom chart pattern – –