DOT/USDT – 1H – BUY

The currency pair Polkadot/Tether (DOT/USDT) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance level at 4.624000000 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 4.075000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

4.624000000 – 4.277000000 – 4.269000000 – 4.075000000 – 4.065000000 – 3.800000000

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