Buy DOT/USDT – 30M – BUY

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

A bullish ascent up to the next resistance level at 4.193000000 is likely expected.

Caution: A possible trend reversal in the direction of support at 3.812000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Besides a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. this 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 4.554000000
2nd High 4.371000000
Next High 4.193000000
Current Price 3.910000000
Next Low 3.812000000
2nd Low 3.688000000
3rd Low 3.644000000

4.193000000 – 3.997000000 – 3.966000000 – 4.044000000 – 3.923000000 – 3.890000000 — 27.399858426016 – 30.569408150682

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