DOT/USDT – 4H – SELLNext a ‘Triple bottom chart pattern’ chart pattern is detected. The chart shows ‘Triple bottom chart pattern’. this is a bullish signal. The pair is likely to go up.
The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support at 3.725000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 4.626000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4.673000000 |
| Next High | 4.626000000 |
| Current Price | 4.264000000 |
| Next Low | 3.725000000 |
| 2nd Low | 3.612000000 |
| 3rd Low | 3.538000000 |
4.626000000 – 3.906000000 – 3.887000000 – 3.725000000 – 3.612000000 – 3.712000000 — 55.515013537489 – 46.885668922868
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Triple bottom chart pattern – –