DOT/USDT – 30M – BUY

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

An ascent upwards to the next resistance at 1.556 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.482 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Tweezers Bottom’ candlestick pattern is found. The chart forms ‘Tweezers Bottom’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).

1.556 – 1.555 – 1.567 – 1.482 – 1.508 – 1.508 —
1.538000000 – 1.533000000 —
54.089023124406 – 52.090322703504 —
– —
1.556 – 1772742600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Tweezers Bottom – – –