Buy DOT/USDT – 1H – BUY

The combination Polkadot/Tether (DOT/USDT) jumps from the bearish trendline up.

A bullish ascent up to the next resistance line at 4.084000000 will persist.

Caution: A possible counter-trend in the direction of the support level at 3.323000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. which could be a positive signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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).

Support & Resistance Price Range*
3rd High 4.554000000
2nd High 4.309000000
Next High 4.084000000
Current Price 3.786000000
Next Low 3.323000000
2nd Low 3.308000000
3rd Low 3.274000000

4.084000000 – 4.309000000 – 4.206000000 – 3.820000000 – 3.905000000 – 3.863000000 — 29.767743266061 – 32.815843089755

Trading Signals:

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