DOT/USDT – 30M – BUY

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

A continuation of the bullish trend up to the next resistance at 4.084000000 is certain.

Caution: A possible counter-trend in the direction of the support zone at 3.688000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘RSI cross above 70’ indicator layout is discovered. The indicator shows ‘RSI cross above 70’. which is often a bullish chart scenario. The pair is likely to go up.

Next a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart scenario. The pair is likely to go up.

Next a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. 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).

3.928000000 – 3.806000000 – 3.696000000 – 3.688000000 – 3.644000000 – 3.570000000 — 60.983452287198 – 61.35273637905

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern – –