DOT/USDT – 1H – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance line at 4.193000000 is expected.
Caution: A possible change in the direction of the support line at 3.812000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
And also a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. 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 | 4.554000000 |
| 2nd High | 4.371000000 |
| Next High | 4.193000000 |
| Current Price | 3.905000000 |
| Next Low | 3.812000000 |
| 2nd Low | 3.538000000 |
| 3rd Low | 3.427000000 |
4.193000000 – 3.997000000 – 4.103000000 – 3.923000000 – 3.812000000 – 3.903000000 — 37.610417015779 – 41.102247832898
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –