DOT/USDT – 4H – BUYThe combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 4.021000000 will persist.
Caution: A possible counter-trend in the direction of support at 3.689000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ chart pattern is existing. 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 likelyhood 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 | 3.856000000 |
| Next Low | 3.689000000 |
| 2nd Low | 3.538000000 |
| 3rd Low | 3.427000000 |
4.021000000 – 4.283000000 – 4.193000000 – 3.689000000 – 3.690000000 – 3.697000000 — 45.651497391898 – 50.647425524087
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top retreat up – –