Buy DOT/USDT – 30M – BUY

The pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards

A bullish movement up to the next resistance line at 4.206000000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 4.115000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘RSI cross above 70’ indicator signal is detected. The indicator shows ‘RSI cross above 70’. which could be a positive signal. The pair is likely to go up.

And also a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern 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).

Support & Resistance Price Range*
3rd High 4.673000000
2nd High 4.554000000
Next High 4.206000000
Current Price 4.191000000
Next Low 4.115000000
2nd Low 4.113000000
3rd Low 4.084000000

4.206000000 – 4.195000000 – 4.131000000 – 4.115000000 – 4.113000000 – 4.084000000 — 55.377526622406 – 56.8963003047

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