Buy DOT/USDT – 30M – BUY

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

An ascending movement up to the next resistance at 1.295 is certain.

Caution: A possible trend reversal in the direction of support at 1.27 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Bullish Separating Lines’ candlestick pattern is existing. The chart shows ‘Bullish Separating Lines’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Separating Lines’ heading up is 72% (Bull Market) & 69% (Bear Market).

Support & Resistance Price Range*
3rd High 1.412
2nd High 1.34
Next High 1.295
Current Price 1.287000000
Next Low 1.27
2nd Low 1.235
3rd Low 1.225

1.295 – 1.34 – 1.337 – 1.27 – 1.272 – 1.301 —
1.289000000 – 1.288000000 —
46.236794399936 – 50.403601266538 —
– —
1.295 – 1774654200

Trading Signals:

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