DOT/USDT – 30M – BUY

The combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline up.

A continuation of the bullish trend up to the next resistance at 4.196000000 will continue.

Caution: A possible trend reversal in the direction of support at 3.939000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 4.196 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 4.196000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

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

4.196000000 – 4.067000000 – 4.012000000 – 3.939000000 – 3.796000000 – 3.828000000

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