Buy DOT/USDT – 30M – BUY

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

An ascending movement up to the next resistance line at 4.202000000 will continue.

Caution: A possible change in the direction of the support level at 4.000000000 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘RSI cross above 30’ indicator layout is discovered. The indicator is ‘RSI cross above 30’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 4.673000000
2nd High 4.554000000
Next High 4.202000000
Current Price 4.009000000
Next Low 4.000000000
2nd Low 3.839000000
3rd Low 3.800000000

4.202000000 – 4.554000000 – 4.498000000 – 4.000000000 – 4.355000000 – 4.279000000

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