DOT/USDT – 4H – BUY

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

The bullish trend upwards to the next resistance level at 0.995 is certain.

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

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.

Furthermore a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.

Furthermore a ‘Bullish Belt Hold’ chart pattern is detected. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.995 – 1.206 – 1.308 – 0.903 – 0.884 – 1.176 —
0.995000000 – 0.971000000 —
55.982395679986 – 46.01259616187 —
– —
0.995 – 1781323200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –