Buy DOT/USDT – 30M – BUY

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

An ascent up to the next resistance level at 1.96 is expected.

Caution: A possible reversal of the trend in the direction of support at 1.881 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Also there is a ‘Bullish Separating Lines’ candlestick chart pattern is found. The candles form ‘Bullish Separating Lines’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Separating Lines’ heading up is 72% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 2.064
2nd High 2.051
Next High 1.96
Current Price 1.916000000
Next Low 1.881
2nd Low 1.834
3rd Low 1.765

1.96 – 2.051 – 2.064 – 1.881 – 1.895 – 1.834 —
1.966000000 – 1.900000000 —
59.503712291581 – 40.98723795052 —
– —
1.96000 – 1768964400

Trading Signals:

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