DOT/USDT – 4H – BUYThe combination Polkadot/Tether (DOT/USDT) moves from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 4.626000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 3.725000000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | |
| 2nd High | 4.673000000 |
| Next High | 4.626000000 |
| Current Price | 4.453000000 |
| Next Low | 3.725000000 |
| 2nd Low | 3.612000000 |
| 3rd Low | 3.538000000 |
4.626000000 – 3.906000000 – 3.887000000 – 3.725000000 – 3.612000000 – 3.712000000 — 59.937826245163 – 62.683746603615
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Triple bottom chart pattern – –