DOT/USDT – 30M – BUY

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

A bullish trend upwards to the next resistance level at 1.292 will persist.

Caution: A possible change in the direction of the support level at 1.101 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Up’ candlestick chart pattern is existing. The chart shows ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1.292 – 1.291 – 1.345 – 1.265 – 1.277 – 1.325 —
1.243000000 – 1.238000000 —
24.425019635999 – 31.68237974725 —
– —
1.292 – 1770775200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –