DOT/USDT – 30M – BUY

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

A bullish ascent up to the next resistance level at 3.925000000 is considered certain.

Caution: A possible change in the direction of the support zone at could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. 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 is considered certain. Target of the current trend is 3.925 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 3.925000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

3.925000000 – 3.923000000 – 3.856000000 – 3.836000000 – 3.848000000 – 3.755000000 — 54.687291357315 – 55.97311096421

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