DOT/USDT – 30M – BUY

The combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 1.325 will persist.

Caution: A possible counter-trend in the direction of support at 1.286 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.334 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 1.325 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Outside Up’ candlestick chart pattern is existing. The candles form ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.325 – 1.334 – 1.296 – 1.286 – 1.269 – 1.205 —
1.322000000 – 1.300000000 —
52.293737018852 – 40.965884951953 —
– —
1.325 – 1778103000

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