DOT/USDT – 30M – BUY

The pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline up.

A continuation of the bullish trend up to the next resistance at 4.624000000 is considered certain.

Caution: A possible change in the direction of the support zone at 4.075000000 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Additionally a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 –