DOT/USDT – 1H – BUY

The currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.

A bullish movement upwards to the next resistance level at 0.995 will continue.

Caution: A possible reversal of the trend in the direction of support at 0.949000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

Additionally a ‘Three Outside Up’ candle chart pattern is found. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.995 – 0.975 – 0.975 – 0.949000000 – 0.941 – 0.903 —
0.954000000 – 0.996000000 —
30.711024819054 – 64.412257030984 —
0.949000000 – 1781460000 —
0.995 – 1781334000

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