Buy DOT/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance level at 1.292 is expected.

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

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.

And also a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.

And also a ‘Bullish Belt Hold’ chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 1.355
2nd High 1.295
Next High 1.292
Current Price 1.291000000
Next Low
2nd Low
3rd Low

1.292 – 1.295 – 1.28 – 1.235 – 1.248 – 1.285 —
1.278000000 – 1.281000000 —
45.974066672135 – 50.930828303295 —
– —
1.292 – 1776769200

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