DOT/USDT – 1H – BUY

The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline up.

A continuation of the bullish trend up to the next resistance at 1.662 is expected.

Caution: A possible trend reversal in the direction of the support line at 1.392 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K crosses above 0.2’ indicator layout is existing. The indicator is ‘StochRSI %K crosses above 0.2’. this is usually a bullish signal. The currency pair could go up.

Then a ‘Bullish Belt Hold’ candle chart pattern is detected. The chart forms ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

1.662 – 1.444 – 1.549 – 1.392 – 1.493 – 1.473 —
1.647000000 – 1.604000000 —
76.580476928139 – 57.292258526744 —
– —
1.662 – 1773694800

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