Buy DOT/USDT – 1H – BUY

The pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline up.

An ascent up to the next resistance level at 1.34 is expected.

Caution: A possible change in the direction of support at 1.289000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

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

Support & Resistance Price Range*
3rd High 1.493
2nd High 1.438
Next High 1.34
Current Price 1.316000000
Next Low 1.289000000
2nd Low
3rd Low

1.34 – 1.438 – 1.419 – 1.289000000 – 1.313 – 1.314 —
1.312000000 – 1.315000000 —
40.317007797522 – 41.625090548945 —
1.289000000 – 1778853600 —
1.34 – 1778844600

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