DOT/USDT – 1H – BUY

The pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards

A bullish ascent upwards to the next resistance level at 4.234000000 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 3.837000000 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. which could be a positive chart signal. The currency pair could go up.

Additionally a ‘StochRSI cross above 20’ indicator layout is found. The indicator is ‘StochRSI cross above 20’. which could be a positive chart signal. The currency pair could go up.

Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).

4.234000000 – 4.158000000 – 4.181000000 – 3.837000000 – 3.817000000 – 3.965000000 — 62.958391901747 – 63.408693367042

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