DOT/USDT – 30M – BUY

The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline upwards

A continuation of the upward movement up to the next resistance line at 2.393 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 2.096 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair is likely to rise.

Next a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

2.173 – 2.01 – 2.033 – 2.096 – 2.119 – 1.968 — 58.352310572435 – 64.381245969601 — 16.600583179205 – 34.375608805767 – 24.179043167564 – 23.095593677722

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