DOT/USDT – 4H – BUY

The combination Polkadot/Tether (DOT/USDT) breaks through the bullish trendline up.

A continuation of the upward movement up to the next resistance at 4.346000000 will continue.

Caution: A possible change in the direction of support at 3.800000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 4.196 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 4.346000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.196000000 – 4.110000000 – 3.665000000 – 3.800000000 – 3.323000000 – 3.308000000

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