Buy DOT/USDT – 1H – BUY

The pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards

An ascending movement up to the next resistance line at 1.576 will persist.

Caution: A possible change in the direction of the support level at 1.509 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches signal. Das Paar wird voraussichtlich nach oben gehen.

Additionally a ‘Three Outside Up’ candlestick pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 1.899
2nd High 1.896
Next High 1.576
Current Price 1.527000000
Next Low 1.509
2nd Low 1.452
3rd Low 1.399

1.576 – 1.536 – 1.56 – 1.509 – 1.452 – 1.399 —
1.550000000 – 1.525000000 —
53.131441255604 – 44.488569350023 —
– —
1.576 – 1770044400

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