DOT/USDT – 1H – BUY

The pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline up.

A continuation of the uptrend upwards to the next resistance at 4.295000000 is expected.

Caution: A possible reversal of the trend in the direction of the support line at 4.150000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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).

4.295000000 – 4.405000000 – 4.626000000 – 4.150000000 – 4.280000000 – 4.153000000 — 38.242072106802 – 44.060391834292

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –