DOT/USDT – 1H – BUY

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

A continuation of the upward movement upwards to the next resistance line at 1.334 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 1.197 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Tweezers Bottom’ candle chart pattern is existing. The candles form ‘Tweezers Bottom’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).

1.334 – 1.296 – 1.263 – 1.197 – 1.204 – 1.195 —
1.327000000 – 1.311000000 —
67.646983870446 – 55.992934028797 —
– —
1.334 – 1778054400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Tweezers Bottom – – –