Buy DOT/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance line at 1.981 will persist.

Caution: A possible change in the direction of the support level at 1.843 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘MACD crosses above signal’ indicator signal is detected. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.

Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Moreover a ‘Three Outside Up’ candlestick chart pattern is detected. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 2
2nd High 1.984
Next High 1.981
Current Price 1.872000000
Next Low 1.843
2nd Low 1.834
3rd Low 1.762

1.981 – 1.984 – 2 – 1.843 – 1.897 – 1.905 —
1.875000000 – 1.854000000 —
41.323512537428 – 29.56731444682 —
– —
1.98100 – 1769187600

Trading Signals:

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