Buy DOT/USDT – 1H – BUY

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

An ascent up to the next resistance level at 1.315 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 1.205 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 1.361
2nd High 1.328
Next High 1.315
Current Price 1.244000000
Next Low 1.205
2nd Low 1.101
3rd Low 0.633

1.315 – 1.328 – 1.361 – 1.265 – 1.282 – 1.235 —
1.229000000 – 1.230000000 —
24.980894421207 – 34.66932282557 —
– —
1.315 – 1775934000

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals