DOT/USDT – 4H – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance level at 3.887000000 is considered certain.
Caution: A possible change in the direction of the support zone at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
Besides a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. 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 | 4.283000000 |
| 2nd High | 4.021000000 |
| Next High | 3.887000000 |
| Current Price | 3.878000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.887000000 – 4.021000000 – 4.283000000 – 3.612000000 – 3.712000000 – 3.689000000 — 53.174733887836 – 58.228021425047
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –