DOT/USDT – 1H – BUY

The currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance line at 4.371000000 will persist.

Caution: A possible change in the direction of support at 3.837000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.

There is also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 4.174412 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 4.371000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

4.371000000 – 4.317000000 – 4.234000000 – 3.837000000 – 3.817000000 – 3.965000000 — 33.857441971561 – 34.713292256424

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