DOT/USDT – 1H – BUY

The combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards

An ascent up to the next resistance level at 1.96 is likely expected.

Caution: A possible change in the direction of the support line at 1.881 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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).

1.96 – 2.064 – 2.198 – 1.881 – 1.834 – 2.056 —
1.940000000 – 1.969000000 —
45.136431627399 – 39.337927806242 —
– —
1.96000 – 1768964400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –