DOT/USDT – 30M – BUY

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

A bullish ascent upwards to the next resistance at 1.245 is likely expected.

Caution: A possible change in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 1.248876 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 1.245 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three White Soldiers’ candlestick pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

1.245 – 1.263 – 1.224 – 1.205 – 1.197 – 1.205 —
1.239000000 – 1.231000000 —
55.013450392956 – 46.96707474336 —
– —
1.245 – 1777915800

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