DOT/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 4.154000000 is expected.

Caution: A possible change in the direction of support at 4.030000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 4.135744 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 4.154000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern 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).

4.154000000 – 4.182000000 – 4.100000000 – 4.030000000 – 4.004000000 – 4.003000000 — 44.718997666557 – 45.413919224248

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –