Buy DOT/USDT – 1H – BUY

The pair Polkadot/Tether (DOT/USDT) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance level at 1.073 will persist.

Caution: A possible change in the direction of the support zone at 0.949 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. 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 1.206
2nd High 1.133
Next High 1.073
Current Price 1.036000000
Next Low 0.949
2nd Low 0.941
3rd Low 0.903

0.995 – 0.975 – 0.975 – 0.949 – 0.941 – 0.903 —
1.004000000 – 1.029000000 —
69.092321011647 – 75.771062425532 —
– —
0.995 – 1781334000

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