DOT/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 4.554000000 is expected.

Caution: A possible trend reversal in the direction of the support level at 3.863000000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘RSI cross above 70’ indicator layout is detected. The indicator is ‘RSI cross above 70’. which could be a positive chart signal. The currency pair could go up.

Also there is a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. 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).

4.206000000 – 4.131000000 – 4.136000000 – 3.863000000 – 3.894000000 – 4.279000000 — 66.320904847788 – 69.66017899216

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