Buy DOT/USDT – 4H – BUY

There is also a ‘Double top retreat up’ chart pattern is found. The formation shows ‘Double top retreat up’. which is a positive signal. The currency pair is likely to rise.

The currency pair Polkadot/Tether (DOT/USDT) moves from the bearish trendline upwards

A bullish ascent upwards to the next resistance line at 2.39 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.633 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 2.82
2nd High 2.397
Next High 2.39
Current Price 2.244000000
Next Low 0.633
2nd Low
3rd Low

2.39 – 2.397 – 2.82 – 2.176 – 2.252 – 2.617 — 39.233751722137 – 57.903730081983 — 60.641496381439 – 77.819018731375 – 45.746860366113 – 62.068078615013

Trading Signals:

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