DOT/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance level at 1.272 will persist.

Caution: A possible trend reversal in the direction of the support level at 1.247 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.

There is also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

There is also a ‘Inverted Hammer’ candle pattern is discovered. The candles form ‘Inverted Hammer’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Inverted Hammer’ going up is 65% (Bull Market).

1.272 – 1.262 – 1.25 – 1.247 – 1.227 – 1.212 —
1.274000000 – 1.258000000 —
65.249470597341 – 40.33063857558 —
– —
1.272 – 1777089600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Inverted Hammer – – –