DOT/USDT – 30M – BUY

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

A bullish ascent up to the next resistance level at 1.556 is expected.

Caution: A possible counter-trend in the direction of the support line at 1.482 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.

Also there is a ‘Three Outside Up’ candlestick chart pattern is existing. The candles show ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.556 – 1.555 – 1.567 – 1.482 – 1.508 – 1.508 —
1.533000000 – 1.527000000 —
52.090322269087 – 48.432824466976 —
– —
1.556 – 1772742600

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