DOT/USDT – 1H – BUY

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

An ascent upwards to the next resistance line at 4.202000000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 3.863000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘RSI fall below 70’ indicator layout is existing. The indicator shows ‘RSI fall below 70’. which could be a negative signal. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. 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).

4.131000000 – 4.136000000 – 4.202000000 – 3.863000000 – 3.894000000 – 4.279000000 — 54.47357378798 – 57.976037934151

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