DOT/USDT – 1H – BUYThe combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 4.182000000 will continue.
Caution: A possible trend reversal in the direction of the support level at 4.030000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
Additionally a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 4.182000000 |
| Current Price | 4.116000000 |
| Next Low | 4.030000000 |
| 2nd Low | 4.003000000 |
| 3rd Low | 3.782000000 |
4.182000000 – 4.074000000 – 4.089000000 – 4.030000000 – 4.003000000 – 3.782000000 — 50.547165403523 – 52.562301111636
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –