DOT/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance level at 1.654 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 1.539 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.

And also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

And also a ‘Bullish Belt Hold’ chart pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

1.654 – 1.64 – 1.662 – 1.539 – 1.582 – 1.588 —
1.568000000 – 1.567000000 —
31.306439778432 – 43.667296637169 —
– —
1.654 – 1773804600

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