DOT/USDT – 4H – BUY

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

A bullish trend up to the next resistance at 4.309000000 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 3.817000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Then a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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).

4.181000000 – 3.757000000 – 4.309000000 – 3.817000000 – 3.538000000 – 3.427000000 — 64.712255151408 – 68.446917604532

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