Buy DOT/USDT – 30M – BUY

The currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline up.

A continuation of the bullish trend up to the next resistance at 1.334 is likely expected.

Caution: A possible trend reversal in the direction of support at 1.286 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Rising Window’ candlestick chart pattern is found. The candles show ‘Rising Window’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Rising Window’ going up is 75% (Bull Market) & 72% (Bear Market).

Support & Resistance Price Range*
3rd High 1.355
2nd High 1.341
Next High 1.334
Current Price 1.322000000
Next Low 1.286
2nd Low 1.269
3rd Low 1.205

1.334 – 1.296 – 1.245 – 1.286 – 1.269 – 1.205 —
1.316000000 – 1.312000000 —
53.378097168285 – 48.242815214009 —
– —
1.334 – 1778056200

Trading Signals:

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