DOT/USDT – 1H – BUY

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

An ascent upwards to the next resistance at 1.546 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 1.473000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Then a ‘Advance Block’ candlestick chart pattern is discovered. The candles form ‘Advance Block’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).

1.546 – 1.533 – 1.52 – 1.473000000 – 1.43 – 1.425 —
1.495000000 – 1.543000000 —
39.622520155619 – 61.646970283177 —
1.473000000 – 1773205200 —
1.546 – 1773154800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Advance Block – – –