DOT/USDT – 1H – BUYThe currency pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline upwards
An ascending movement up to the next resistance at 3.921000000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 3.323000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.309000000 |
| 2nd High | 4.084000000 |
| Next High | 3.921000000 |
| Current Price | 3.586000000 |
| Next Low | 3.323000000 |
| 2nd Low | 3.308000000 |
| 3rd Low | 3.274000000 |
3.921000000 – 4.084000000 – 4.309000000 – 3.626000000 – 3.820000000 – 3.905000000 — 37.833516248865 – 43.283781390881
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top retreat up –