DOT/USDT – 30M – BUY

The combination Polkadot/Tether (DOT/USDT) breaks through the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance at 4.218000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 4.115000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘RSI fall below 70’ indicator signal is discovered. The indicator is ‘RSI fall below 70’. this is usually a bullish signal. The currency pair is likely to rise.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 4.218 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 4.218000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish 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).

4.218000000 – 4.206000000 – 4.195000000 – 4.115000000 – 4.113000000 – 4.084000000 — 56.625081272651 – 60.446269406616

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double bottom chart pattern –