DOT/USDT – 1H – BUY

The currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 4.624000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 4.133000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Moreover a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

4.624000000 – 4.277000000 – 4.269000000 – 4.133000000 – 4.075000000 – 4.065000000

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