DOT/USDT – 1H – BUY

The combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance line at 3.666000000 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 3.427000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI cross above 20’ indicator signal is found. The indicator is ‘StochRSI cross above 20’. which is often a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish 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).

3.666000000 – 3.921000000 – 4.084000000 – 3.427000000 – 3.446000000 – 3.626000000 — 58.098709758985 – 67.556254888648

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –