DOT/USDT – 1H – BUY

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

A bullish trend up to the next resistance line at 1.306 will persist.

Caution: A possible counter-trend in the direction of the support zone at 1.225 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

1.306 – 1.34 – 1.412 – 1.27 – 1.301 – 1.36 —
1.267000000 – 1.274000000 —
31.493370034007 – 43.684652435731 —
– —
1.306 – 1774684800

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –