DOT/USDT – 1H – BUY

The combination Polkadot/Tether (DOT/USDT) goes from the bullish trendline upwards

A continuation of the uptrend up to the next resistance at 4.371000000 will persist.

Caution: A possible counter-trend in the direction of the support level at 3.837000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 4.174412 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 4.371000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish 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).

4.371000000 – 4.317000000 – 4.234000000 – 3.837000000 – 3.817000000 – 3.965000000 — 34.921161073029 – 36.773882081613

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