DOT/USDT – 30M – BUY

The currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline up.

A continuation of the bullish trend up to the next resistance at 1.574 is certain.

Caution: A possible reversal of the trend in the direction of the support line at could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.

There is also a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The pair is likely to go up.

There is also a ‘Bullish Engulfing’ candle chart pattern is detected. The candles form ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.

1.574 – 1.551 – 1.557 – 1.508 – 1.508 – 1.473 —
1.534000000 – 1.546000000 —
48.909199092216 – 51.670998457508 —
– —
1.574 – 1772616600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing – – –