DOT/USDT – 1H – BUY

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

A bullish movement upwards to the next resistance level at 1.574 is expected.

Caution: A possible change in the direction of the support zone at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.

In addition a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.

In addition a ‘Bearish Harami Cross’ candle chart pattern is existing. The chart shows ‘Bearish Harami Cross’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).

1.574 – 1.557 – 1.603 – 1.508 – 1.473 – 1.498 —
1.531000000 – 1.523000000 —
48.662766618264 – 44.94318737877 —
– —
1.574 – 1772614800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish Harami Cross – – –