DOT/USDT – 4H – BUY

The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline up.

A continuation of the uptrend upwards to the next resistance line at 4.626000000 is certain.

Caution: A possible counter-trend in the direction of the support level at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

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

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.626000000 – 3.906000000 – 3.887000000 – 3.725000000 – 3.612000000 – 3.712000000 — 49.376747079385 – 49.538306841164

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