DOT/USDT – 30M – BUY

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

An ascending movement up to the next resistance line at 4.136000000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 4.2085 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 4.136000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ candlestick 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.136000000 – 4.202000000 – 4.554000000 – 3.863000000 – 3.894000000 – 4.000000000 — 57.833012723613 – 59.725711351306

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Triple top chart pattern –