DOT/USDT – 30M – BUY

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

A bullish movement upwards to the next resistance line at 1.228 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 1.195 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

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

Furthermore a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Furthermore a ‘Three Outside Up’ candle pattern is found. The candles form ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1.228 – 1.278 – 1.308 – 1.195 – 1.182 – 1.176 —
1.212000000 – 1.199000000 —
46.996130159559 – 32.278291339775 —
– —
1.228 – 1779991200

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