Buy DOT/USDT – 1H – BUY

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

An ascent upwards to the next resistance at 0.975 is expected.

Caution: A possible trend reversal in the direction of support at 0.903 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.

In addition a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

In addition a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 1.001
2nd High 0.996
Next High 0.975
Current Price 0.966000000
Next Low 0.903
2nd Low 0.884
3rd Low 0.633

0.975 – 0.96 – 0.996 – 0.903 – 0.928 – 0.949 —
0.951000000 – 0.959000000 —
48.601507475571 – 54.620162703397 —
– —
0.975 – 1781200800

Trading Signals:

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