DOT/USDT – 1H – BUYThe pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline up.
An ascent up to the next resistance at 3.921000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 3.446000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘RSI cross above 30’ indicator layout is detected. The indicator is ‘RSI cross above 30’. this is usually a bullish signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.309000000 |
| 2nd High | 4.084000000 |
| Next High | 3.921000000 |
| Current Price | 3.520000000 |
| Next Low | 3.446000000 |
| 2nd Low | 3.323000000 |
| 3rd Low | 3.308000000 |
3.921000000 – 4.084000000 – 4.309000000 – 3.446000000 – 3.626000000 – 3.820000000 — 43.370277188891 – 45.598277201363
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top retreat up –