DOT/USDT – 30M – BUY

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.323234 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 1.338 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Outside Up’ candlestick pattern is discovered. The candles show ‘Three Outside Up’. 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 ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1.338 – 1.331 – 1.325 – 1.293 – 1.29 – 1.286 —
1.309000000 – 1.309000000 —
41.928919041515 – 44.711402833053 —
– —
1.338 – 1778158800

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