DOT/USDT – 1H – BUY

The combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline up.

A continuation of the uptrend up to the next resistance at 4.181000000 will persist.

Caution: A possible trend reversal in the direction of support at should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Besides a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Hammer’ candlestick chart pattern is discovered. The chart shows ‘Hammer’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).

4.181000000 – 3.696000000 – 3.757000000 – 3.965000000 – 3.538000000 – 3.427000000 — 48.130653555427 – 49.553866896541

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Hammer – – –