DOT/USDT – 30M – BUY

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

An ascending movement up to the next resistance line at 1.306 will persist.

Caution: A possible change in the direction of support at 1.275 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Outside Up’ candlestick chart pattern is detected. The chart forms ‘Three Outside Up’. this is a bullish 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).

1.306 – 1.295 – 1.34 – 1.275 – 1.271 – 1.27 —
1.286000000 – 1.263000000 —
45.836929703639 – 25.15101192101 —
– —
1.306 – 1774686600

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