DOT/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 4.595000000 will continue.

Caution: A possible change in the direction of the support zone at 4.136000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 4.595 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 4.595000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.595000000 – 4.295000000 – 4.405000000 – 4.136000000 – 4.151000000 – 4.150000000 — 69.089026532243 – 81.548658636305

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