DOT/USDT – 30M – BUY

The currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline upwards

A continuation of the upward movement up to the next resistance at 1.315 is expected.

Caution: A possible trend reversal in the direction of the support level at 1.238000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Besides a ‘Three Outside Up’ candlestick pattern is detected. The candles form ‘Three Outside Up’. which 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’ going up is 75% (Bull Market) & 74% (Bear Market).

1.315 – 1.327 – 1.292 – 1.238000000 – 1.257 – 1.269 —
1.247000000 – 1.246000000 —
21.600884721937 – 32.093952126198 —
1.238000000 – 1776938400 —
1.315 – 1776855600

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