DOT/USDT – 1H – BUY

The currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance level at 4.673000000 will continue.

Caution: A possible change in the direction of the support line at 4.381000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Moreover a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.673000000 – 4.587000000 – 4.454000000 – 4.381000000 – 4.165000000 – 4.133000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji –