DOT/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance level at 1.241 is likely expected.

Caution: A possible change in the direction of the support zone at 1.204 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.

In addition a ‘Bearish SBS White Lines’ chart pattern is discovered. The chart shows ‘Bearish SBS White Lines’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

1.241 – 1.229 – 1.219 – 1.204 – 1.195 – 1.193 —
1.214000000 – 1.214000000 —
47.774183179274 – 44.258218399506 —
– —
1.241 – 1777755600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish SBS White Lines – – –