DOT/USDT – 1H – BUY

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

A continuation of the bullish trend up to the next resistance at 4.626000000 will persist.

Caution: A possible reversal of the trend in the direction of the support line at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.

Next a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish 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).

4.626000000 – 4.281000000 – 4.258000000 – 4.153000000 – 4.119000000 – 4.054000000 — 35.503507641923 – 39.416128826015

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top retreat up – –