DOT/USDT – 30M – BUY

The combination Polkadot/Tether (DOT/USDT) breaks through the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 4.624000000 is likely expected.

Caution: A possible change in the direction of the support level at 4.075000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Then a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. 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).

4.624000000 – 4.277000000 – 4.269000000 – 4.075000000 – 4.065000000 – 4.081000000

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