DOT/USDT – 1H – BUY

The combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.

An ascent upwards to the next resistance at 3.696000000 is certain.

Caution: A possible change in the direction of the support level at 3.538000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘RSI cross above 70’ indicator layout is existing. The indicator shows ‘RSI cross above 70’. which could be a positive chart signal. The currency pair is likely to rise.

Also there is a ‘StochRSI fall below 80’ indicator layout is existing. The indicator shows ‘StochRSI fall below 80’. which could be a positive chart signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candle 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

3.696000000 – 3.757000000 – 3.666000000 – 3.538000000 – 3.427000000 – 3.446000000 — 57.914029657339 – 72.562212011599

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top retreat up – –