DOT/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance line at 4.624000000 is certain.

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

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 4.43874 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 4.624000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going 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 –