DOT/USDT – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance level at 4.626000000 is expected.

Caution: A possible change in the direction of the support line at 4.417000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Additionally a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

4.626000000 – 4.281000000 – 4.244000000 – 4.417000000 – 4.153000000 – 4.201000000 — 45.908672971741 – 49.618352619452

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