DOT/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance at 2.393 is expected.

Caution: A possible counter-trend in the direction of the support level at 2.096 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.

Next a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

2.173 – 2.01 – 2.033 – 2.096 – 2.119 – 1.968 — 66.473580710832 – 61.239189962907 — 80.65368837366 – 73.014585455302 – 73.367780575228 – 74.228898725983

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