DOT/USDT – 1H – BUY

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

A bullish trend up to the next resistance at 1.288 will continue.

Caution: A possible trend reversal in the direction of the support line at 1.233 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The pair is likely to go up.

Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.2635 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.288 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

1.288 – 1.287 – 1.276 – 1.233 – 1.221 – 1.247 —
1.250000000 – 1.251000000 —
41.150211435426 – 43.06515120024 —
– —
1.288 – 1774868400

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –