DOT/USDT – 4H – BUY

The pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 3.906000000 will persist.

Caution: A possible change in the direction of the support line at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

Additionally a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

3.906000000 – 3.887000000 – 4.021000000 – 3.725000000 – 3.612000000 – 3.712000000 — 52.020687630277 – 56.272148550437

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