DOT/USDT – 1H – BUYThe pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 3.887000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 3.692000000 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. 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 | 4.283000000 |
| 2nd High | 4.021000000 |
| Next High | 3.887000000 |
| Current Price | 3.820000000 |
| Next Low | 3.692000000 |
| 2nd Low | 3.612000000 |
| 3rd Low | 3.538000000 |
3.887000000 – 3.875000000 – 3.825000000 – 3.692000000 – 3.612000000 – 3.655000000 — 55.104264199867 – 57.033384593554
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –