DOT/USDT – 30M – BUY

The pair Polkadot/Tether (DOT/USDT) goes from the descending trendline upwards

A bullish trend upwards to the next resistance at 1.579 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 1.525 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.

Next a ‘Bullish Belt Hold’ candlestick pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The currency 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).

1.579 – 1.654 – 1.64 – 1.525 – 1.539 – 1.582 —
1.540000000 – 1.517000000 —
38.285394038628 – 35.590863904279 —
– —
1.579 – 1773878400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – Rising Wedge Chart Pattern – –