DOT/USDT – 4H – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 4.021000000 is likely expected.
Caution: A possible change in the direction of support at 3.712000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.371000000 |
| 2nd High | 4.283000000 |
| Next High | 4.021000000 |
| Current Price | 3.827000000 |
| Next Low | 3.712000000 |
| 2nd Low | 3.689000000 |
| 3rd Low | 3.538000000 |
4.021000000 – 4.283000000 – 4.193000000 – 3.712000000 – 3.689000000 – 3.690000000 — 47.199714685686 – 48.281089829301
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –