DOT/USDT – 4H – BUY

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

The bullish trend up to the next resistance level at 1.681 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at 1.425 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.

Then a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.639222 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.681 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.681 – 1.752 – 1.398 – 1.425 – 1.473 – 1.458 —
1.456000000 – 1.498000000 —
37.485728442343 – 47.357120530033 —
– —
1.681 – 1772323200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –