Buy DOT/USDT – 30M – BUY

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

A bullish movement up to the next resistance at 1.551 will persist.

Caution: A possible change in the direction of the support zone at is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.

And also a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.

And also a ‘Bullish Belt Hold’ candle chart pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 1.603
2nd High 1.557
Next High 1.551
Current Price 1.561000000
Next Low
2nd Low
3rd Low

1.551 – 1.557 – 1.522 – 1.473 – 1.498 – 1.504 —
1.529000000 – 1.541000000 —
44.147753487757 – 55.039533629031 —
– —
1.551 – 1772587800

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