DOT/USDT – 1H – BUY

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

A bullish ascent up to the next resistance at 4.346000000 is expected.

Caution: A possible counter-trend in the direction of the support level at 3.796000000 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Also there is a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. 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).

4.067000000 – 4.110000000 – 3.448000000 – 3.796000000 – 3.828000000 – 3.323000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern