DOT/USDT – 1H – BUY

The currency pair Polkadot/Tether (DOT/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance level at 1.576 will persist.

Caution: A possible counter-trend in the direction of the support line at 1.225 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Outside Up’ chart pattern is found. The candles form ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.398 – 1.364 – 1.372 – 1.225 – 1.26 – 1.3 —
1.392000000 – 1.594000000 —
79.951938173974 – 90.866482626611 —
– —
1.398 – 1771671600

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –