DOT/USDT – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance level at 3.696000000 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 3.644000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI fall below 80’ indicator signal is found. The indicator shows ‘StochRSI fall below 80’. which is often a bullish signal. The currency pair is likely to rise.

There is also a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).

3.696000000 – 3.696000000 – 3.647000000 – 3.644000000 – 3.570000000 – 3.553000000 — 75.813718450089 – 77.370312127237

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