Buy DOT/USDT – 30M – BUY

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

An ascending movement upwards to the next resistance line at 1.48 is likely expected.

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

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Three Outside Up’ candlestick pattern is discovered. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 1.547
2nd High 1.485
Next High 1.48
Current Price 1.474000000
Next Low
2nd Low
3rd Low

1.48 – 1.485 – 1.547 – 1.43 – 1.445 – 1.425 —
1.461000000 – 1.469000000 —
49.663527799986 – 50.395576532083 —
– —
1.48 – 1772996400

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