DOT/USDT – 30M – BUY

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

An ascending movement upwards to the next resistance level at 2.365 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 2.244 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair is likely to rise.

Furthermore a ‘Bullish Belt Hold’ candle chart pattern is detected. The chart shows ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

2.276 – 2.28 – 2.365 – 2.244 – 2.227 – 2.274 — 46.476148890818 – 57.608323571442 — 20.577797048385 – 31.851102439338 – 40.931840931841 – 30.045553574965

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –