DOT/USDT – 1H – BUY

The currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline up.

A continuation of the upward movement up to the next resistance level at 0.874 is certain.

Caution: A possible counter-trend in the direction of the support level at 0.828 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI Hidden Bullish Divergence’ indicator signal is found. The indicator is ‘StochRSI Hidden Bullish Divergence’. In der Regel bedeutet das ein positives chart signal. Die Paarung wird wahrscheinlich steigen.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.863514 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.874 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.895
2nd High 0.887
Next High 0.874
Current Price 0.857000000
Next Low 0.828
2nd Low 0.825
3rd Low 0.821

0.874 – 0.869 – 0.86 – 0.828 – 0.838 – 0.825 —
0.858000000 – 0.850000000 —
47.991626582148 – 44.95467091088 —
– —
0.874 – 1784235600

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