DOT/USDT – 4H – BUY

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

A continuation of the bullish trend upwards to the next resistance at 2.343 will continue.

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

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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).

2.343 – 1.928 – 1.854 – 2.056 – 2.022 – 2.048 — 51.021391763602 – 52.335649106717 — 56.927598432543 – 61.793245008397 – 69.755966079907 – 62.334390744542

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