DOT/USDT – 30M – BUY

The combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline upwards

A continuation of the uptrend up to the next resistance level at 4.218000000 is expected.

Caution: A possible change in the direction of the support level at 4.115000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘RSI fall below 70’ indicator layout is existing. The indicator shows ‘RSI fall below 70’. this is usually a bullish chart signal. The currency pair is likely to rise.

Furthermore a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

4.218000000 – 4.206000000 – 4.195000000 – 4.115000000 – 4.113000000 – 4.084000000 — 53.148042679421 – 57.923120162531

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