DOT/USDT – 4H – BUYThe pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 4.371000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 3.812000000 could happen.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘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 probability 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 | 4.097000000 |
| Next Low | 3.812000000 |
| 2nd Low | 3.538000000 |
| 3rd Low | 3.427000000 |
4.371000000 – 4.181000000 – 3.757000000 – 3.812000000 – 3.817000000 – 3.538000000 — 57.203845101246 – 57.758558396415
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –