DOT/USDT – 4H – BUYThe pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 4.371000000 is certain.
Caution: A possible trend reversal in the direction of support at 3.817000000 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.682000000 |
| 2nd High | 4.673000000 |
| Next High | 4.371000000 |
| Current Price | 3.920000000 |
| Next Low | 3.817000000 |
| 2nd Low | 3.538000000 |
| 3rd Low | 3.427000000 |
4.371000000 – 4.181000000 – 3.757000000 – 3.817000000 – 3.538000000 – 3.427000000 — 40.588000192506 – 42.504965484376
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom retreat down – –