Buy DOT/USDT – 1H – BUY

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

A continuation of the bullish trend upwards to the next resistance level at 1.229 will persist.

Caution: A possible counter-trend in the direction of support at 1.193 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘Three Outside Up’ chart pattern is existing. The chart forms ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 1.275
2nd High 1.259
Next High 1.229
Current Price 1.211000000
Next Low 1.193
2nd Low 1.179
3rd Low 1.147

1.229 – 1.219 – 1.259 – 1.193 – 1.179 – 1.216 —
1.210000000 – 1.203000000 —
51.226216795669 – 43.255933694068 —
– —
1.229 – 1777644000

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