DOT/USDT – 30M – BUY

The pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.

A bullish movement upwards to the next resistance at 4.335000000 will continue.

Caution: A possible reversal of the trend in the direction of the support line at 4.133000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency 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).

4.335000000 – 4.624000000 – 4.277000000 – 4.133000000 – 4.075000000 – 4.065000000

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