DOT/USDT – 4H – BUYThe combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 4.181000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.
Then a ‘Bullish Engulfing’ candle chart pattern is found. The candles show ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.673000000 |
| 2nd High | 4.309000000 |
| Next High | 4.181000000 |
| Current Price | 4.002000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.181000000 – 3.757000000 – 4.309000000 – 3.817000000 – 3.538000000 – 3.427000000 — 43.22180527738 – 44.464064673314
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing – – –