DOT/USDT – 1H – BUYThe pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 4.554000000 is certain.
Caution: A possible change in the direction of the support line at 4.279000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.682000000 |
| 2nd High | 4.673000000 |
| Next High | 4.554000000 |
| Current Price | 4.366000000 |
| Next Low | 4.279000000 |
| 2nd Low | 4.165000000 |
| 3rd Low | 4.133000000 |
4.554000000 – 4.673000000 – 4.587000000 – 4.279000000 – 4.381000000 – 4.165000000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – –