DOT/USDT – 1H – BUY

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 1.227 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.259 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Three Outside Up’ candle pattern is discovered. The chart shows ‘Three Outside Up’. 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 probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

1.259 – 1.241 – 1.275 – 1.179 – 1.216 – 1.21 —
1.213000000 – 1.206000000 —
43.279502443323 – 39.725878184503 —
– —
1.259 – 1777456800

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