DOT/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance at 4.371000000 is certain.

Caution: A possible counter-trend in the direction of the support line at 4.153000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 4.281 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 4.371000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which 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).

4.281000000 – 4.244000000 – 4.258000000 – 4.153000000 – 4.201000000 – 4.119000000 — 66.123235392218 – 66.623118524325

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