DOT/USDT – 1H – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 4.371000000 will continue.
Caution: A possible change in the direction of the support level at 4.153000000 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish 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 | 4.673000000 |
| 2nd High | 4.554000000 |
| Next High | 4.371000000 |
| Current Price | 4.515000000 |
| Next Low | 4.153000000 |
| 2nd Low | 4.119000000 |
| 3rd Low | 4.054000000 |
4.281000000 – 4.258000000 – 4.154000000 – 4.153000000 – 4.119000000 – 4.054000000 — 81.499841866192 – 82.250987112574
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –