Buy DOT/USDT – 30M – BUY

Next a ‘Double top retreat up’ chart layout is found. The chart forms ‘Double top retreat up’. which is a positive pattern signal. The currency pair is likely to rise.

The currency pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline upwards

An ascending movement up to the next resistance line at 4.021000000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 3.883000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘RSI cross above 30’ indicator signal is discovered. The indicator shows ‘RSI cross above 30’. which is often a bullish chart signal. The pair is likely to go up.

Next a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart signal. The pair is likely to go up.

Next a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish 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).

Support & Resistance Price Range*
3rd High 4.181000000
2nd High 4.158000000
Next High 4.021000000
Current Price 3.893000000
Next Low 3.883000000
2nd Low 3.688000000
3rd Low 3.644000000

4.021000000 – 4.158000000 – 4.091000000 – 3.883000000 – 4.011000000 – 3.975000000 — 37.885705164711 – 43.561565282311

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