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 line at 4.021000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 3.689000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The 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 | 4.371000000 |
| 2nd High | 4.283000000 |
| Next High | 4.021000000 |
| Current Price | 3.803000000 |
| Next Low | 3.689000000 |
| 2nd Low | 3.538000000 |
| 3rd Low | 3.427000000 |
4.021000000 – 4.283000000 – 4.193000000 – 3.689000000 – 3.690000000 – 3.697000000 — 43.590654323726 – 44.789494636683
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top chart pattern – –