DOT/USDT – 1H – BUYThe combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 4.193000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 3.812000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
And also a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.371000000 |
| Next High | 4.193000000 |
| Current Price | 3.919000000 |
| Next Low | 3.812000000 |
| 2nd Low | 3.538000000 |
| 3rd Low | 3.427000000 |
4.193000000 – 3.997000000 – 4.103000000 – 3.923000000 – 3.812000000 – 3.903000000 — 44.533827849631 – 45.24733721901
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –