DOT/USDT – 1H – BUY

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

A bullish ascent up to the next resistance level at 1.96 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 1.881 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair is likely to rise.

Additionally a ‘Bullish Belt Hold’ candlestick pattern is detected. The chart forms ‘Bullish Belt Hold’. this is a bullish 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’ going up is 71% (Bull Market) & 71% (Bear Market).

1.96 – 2.064 – 2.198 – 1.881 – 1.834 – 2.056 —
1.960000000 – 1.921000000 —
50.863580967118 – 40.747596446228 —
– —
1.96000 – 1768964400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –