DOT/USDT – 1H – BUYThe pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 4.283000000 is certain.
Caution: A possible counter-trend in the direction of support at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. this 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.371000000 |
| Next High | 4.283000000 |
| Current Price | 3.912000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.283000000 – 4.265000000 – 4.207000000 – 3.836000000 – 3.689000000 – 4.013000000 — 56.831612007532 – 57.678549002752
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – – –