DOT/USDT – 4H – BUY

The combination Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards

An ascending movement up to the next resistance at 4.371000000 will persist.

Caution: A possible change in the direction of support at is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.

Besides a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. 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).

4.371000000 – 4.181000000 – 3.757000000 – 3.812000000 – 3.817000000 – 3.538000000 — 52.272847157586 – 56.546973958954

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom retreat down – –