DOT/USDT – 4H – BUYThe combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 3.34 will persist.
Caution: A possible counter-trend in the direction of the support level at 2.617 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.439 |
| 2nd High | 4.291 |
| Next High | 3.34 |
| Current Price | 2.705000000 |
| Next Low | 2.617 |
| 2nd Low | 2.343 |
| 3rd Low | 0.633 |
3.34 – 3.016 – 3.247 – 2.617 – 2.749 – 2.343 — 43.402403203152 – 44.74715313623 — 32.146893215758 – 53.605577689243 – 33.589349408432 – 36.897712741054
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –