DOT/USDT – 30M – BUY

The currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards

The bullish trend up to the next resistance line at 3.936000000 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 3.817000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘RSI cross above 30’ indicator signal is detected. The indicator shows ‘RSI cross above 30’. this is usually a bullish signal. The currency pair could go up.

Also there is a ‘StochRSI cross above 20’ indicator signal is detected. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish signal. The currency pair could go up.

Also there is a ‘Bullish Belt Hold’ candlestick pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a positive 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 ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

3.936000000 – 4.021000000 – 4.158000000 – 3.817000000 – 3.883000000 – 4.011000000 — 38.800564693903 – 47.158048721757

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – Double top retreat up – –