DOT/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance line at 4.206000000 will persist.

Caution: A possible change in the direction of support at 3.863000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.

Besides a ‘RSI cross above 70’ indicator layout is existing. The indicator shows ‘RSI cross above 70’. which could be a positive chart signal. The currency pair is likely to rise.

Besides a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Besides a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

4.206000000 – 4.131000000 – 4.136000000 – 3.863000000 – 3.894000000 – 4.279000000 — 54.936066216907 – 55.884837904847

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