The combination Polkadot/Tether (DOT/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 2.249 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 2.022 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘RSI cross above 70’ indicator layout is discovered. The indicator shows ‘RSI cross above 70’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency 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 | 2.393 |
| 2nd High | 2.263 |
| Next High | 2.249 |
| Current Price | 2.322000000 |
| Next Low | 2.022 |
| 2nd Low | 1.968 |
| 3rd Low | 1.762 |
2.153 – 2.12 – 2.13 – 2.022 – 2.084 – 2.048 — 69.682221763562 – 76.440685806563 — 62.859055908939 – 66.0093739538 – 67.590670684075 – 64.576870140981
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Triple bottom chart pattern – –