DOT/USDT – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance level at 3.707000000 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 3.587000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Then a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive chart scenario. 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).

3.707000000 – 3.757000000 – 3.654000000 – 3.587000000 – 3.670000000 – 3.560000000 — 41.115064169655 – 43.808726703945

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