Buy DOT/USDT – 30M – BUY

The pair Polkadot/Tether (DOT/USDT) moves from the descending trendline upwards

A bullish ascent upwards to the next resistance line at 1.491 will persist.

Caution: A possible trend reversal in the direction of the support zone at 0.633 could happen.
Consider stop-loss settings accordingly.

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

In addition a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 1.566
2nd High 1.534
Next High 1.491
Current Price 1.266000000
Next Low 0.633
2nd Low
3rd Low

1.491 – 1.534 – 1.566 – 1.425 – 1.501 – 1.431 —
1.288000000 – 1.245000000 —
30.783352760635 – 37.365208707667 —
– —
1.491 – 1770235200

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