DOT/USDT – 30M – BUY

The currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline upwards

A continuation of the uptrend up to the next resistance at 4.277000000 is considered certain.

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

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Bullish Engulfing’ candlestick chart pattern is found. The candles show ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.

4.277000000 – 4.269000000 – 4.144000000 – 4.065000000 – 4.081000000 – 3.839000000

Trading Signals: FOREX – DOT – DOT/USDT – USDT – Bullish Engulfing – Double bottom retreat down