DOT/USDT – 1H – BUY

The pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline up.

An ascending movement up to the next resistance line at 4.554000000 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 4.075000000 could occur.
Consider stop-loss settings accordingly.

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

Additionally a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.554000000 – 4.673000000 – 4.587000000 – 4.279000000 – 4.381000000 – 4.165000000

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Triple top chart pattern –