DOT/USDT – 1H – BUY

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

A bullish movement up to the next resistance at 1.576 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 1.452 could occur.
Consider stop-loss settings accordingly.

In addition a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

In addition a ‘Three Outside Up’ candlestick chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. 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).

1.576 – 1.536 – 1.56 – 1.509 – 1.452 – 1.399 —
1.525000000 – 1.471000000 —
44.488569832379 – 23.610334813101 —
– —
1.576 – 1770044400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – Double bottom chart pattern – –