DOT/USDT – 1H – BUY

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

The bullish trend up to the next resistance line at 1.393 is certain.

Caution: A possible change in the direction of the support zone at 1.101 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.

And also a ‘Bullish Engulfing’ candlestick pattern is found. The chart shows ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.

1.393 – 1.407 – 1.566 – 1.101 – 1.425 – 1.431 —
1.347000000 – 1.342000000 —
44.088913934989 – 43.485563022779 —
– —
1.393 – 1770487200

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing – – –