DOT/USDT – 30M – BUY

The currency pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline up.

An ascent up to the next resistance level at 2.249 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 1.968 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish chart scenario. The pair is likely to go up.

And also a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. 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).

2.249 – 2.242 – 2.263 – 2.085 – 2.127 – 2.112 — 41.43990203196 – 43.452825032934 — 34.127992577802 – 37.570843669954 – 34.73642457124 – 37.439745063633

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