DOT/USDT – 4H – BUY

There is also a ‘Double bottom chart pattern’ chart layout is found. The formation shows ‘Double bottom chart pattern’. which is a positive chart scenario. The pair is likely to go up.

The pair Polkadot/Tether (DOT/USDT) breaks through the ascending trendline up.

A continuation of the upward movement up to the next resistance level at 4.196000000 will persist.

Caution: A possible trend reversal in the direction of the support level at 3.800000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

There is also a ‘Northern Doji’ candle pattern is discovered. The candles show ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

4.196000000 – 4.110000000 – 3.665000000 – 3.800000000 – 3.323000000 – 3.308000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern