DOT/USDT – 4H – BUY

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

A bullish trend upwards to the next resistance at 1.361 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.147 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

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

1.361 – 1.335 – 1.303 – 1.147 – 1.205 – 1.216 —
1.174000000 – 1.280000000 —
33.762450679804 – 62.833733320491 —
– —
1.361 – 1775764800

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