DOT/USDT – 30M – BUY

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

A bullish ascent up to the next resistance line at 4.539000000 will persist.

Caution: A possible trend reversal in the direction of the support level at 4.279000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.539000000 – 4.673000000 – 4.587000000 – 4.279000000 – 4.381000000 – 4.348000000

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