Buy DOT/USDT – 30M – BUY

The combination Polkadot/Tether (DOT/USDT) moves from the descending trendline upwards

A bullish trend upwards to the next resistance line at 2.296 will continue.

Caution: A possible trend reversal in the direction of the support zone at 2.038 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ candle pattern is found. The candles form ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 2.333
2nd High 2.298
Next High 2.296
Current Price 2.197000000
Next Low 2.038
2nd Low 2.022
3rd Low 1.968

2.296 – 2.298 – 2.333 – 2.195 – 2.259 – 2.215 — 41.668558456182 – 45.368585997379 — 67.259209171474 – 81.720549767631 – 51.604686206399 – 65.375232099084

Trading Signals:

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