DOT/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance level at 4.154000000 will persist.

Caution: A possible trend reversal in the direction of the support level at 4.030000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern 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).

4.154000000 – 4.182000000 – 4.074000000 – 4.030000000 – 4.003000000 – 3.782000000 — 60.587672507432 – 61.17434058693

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –