DOT/USDT – 30M – BUY

The pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards

A bullish movement upwards to the next resistance at 3.908000000 is expected.

Caution: A possible trend reversal in the direction of the support line at 3.697000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Then a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

3.908000000 – 3.960000000 – 3.970000000 – 3.697000000 – 3.786000000 – 3.830000000 — 55.50195303429 – 59.371703447142

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Double top retreat up – –