Buy DOT/USDT – 30M – BUY

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

A bullish ascent up to the next resistance at 1.444 will continue.

Caution: A possible counter-trend in the direction of the support zone at 1.392 could happen.
In the case of a trade, always set appropriate stop-loss settings.

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

Support & Resistance Price Range*
3rd High 1.55
2nd High 1.549
Next High 1.444
Current Price 1.423000000
Next Low 1.392
2nd Low 1.235
3rd Low 1.225

1.444 – 1.432 – 1.444 – 1.392 – 1.428 – 1.493 —
1.438000000 – 1.417000000 —
48.112052854327 – 37.746712322137 —
– —
1.444 – 1773577800

Trading Signals:

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