DOT/USDT – 1H – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 3.934000000 is expected.
Caution: A possible change in the direction of the support zone at 3.836000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
In addition a ‘Northern Doji’ candle pattern is existing. The candles form ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.371000000 |
| 2nd High | 4.283000000 |
| Next High | 3.934000000 |
| Current Price | 3.915000000 |
| Next Low | 3.836000000 |
| 2nd Low | 3.689000000 |
| 3rd Low | 3.538000000 |
3.934000000 – 4.283000000 – 4.265000000 – 3.836000000 – 3.689000000 – 4.013000000 — 50.894923566732 – 58.184840507782
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –