The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 2.249 is certain.
Caution: A possible change in the direction of the support line at 2.127 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 2.393 |
| 2nd High | 2.263 |
| Next High | 2.249 |
| Current Price | 2.138000000 |
| Next Low | 2.127 |
| 2nd Low | 2.112 |
| 3rd Low | 2.096 |
2.249 – 2.242 – 2.263 – 2.127 – 2.112 – 2.179 — 41.443417703736 – 42.480564862129 — 51.864302322324 – 47.769829137471 – 54.936455911328 – 49.470446542849
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –