Buy DOT/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance level at 3.692000000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 3.568000000 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. which is often a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. 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 4.084000000
2nd High 3.921000000
Next High 3.692000000
Current Price 3.547000000
Next Low 3.568000000
2nd Low 3.332000000
3rd Low 3.323000000

3.692000000 – 3.921000000 – 3.858000000 – 3.568000000 – 3.745000000 – 3.626000000 — 42.432775230358 – 42.731555691279

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals