DOT/USDT – 30M – BUY

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

A bullish trend up to the next resistance at 3.618000000 will continue.

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

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.

And also a ‘StochRSI cross above 20’ indicator layout is detected. The indicator shows ‘StochRSI cross above 20’. which is often a bullish signal. The pair is likely to go up.

And also a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish 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).

3.618000000 – 3.631000000 – 3.692000000 – 3.560000000 – 3.459000000 – 3.427000000 — 56.654825799297 – 58.06128656857

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