Buy DOT/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance level at 0.974 is certain.

Caution: A possible change in the direction of support at 0.947 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.

And also a ‘Three Outside Up’ chart pattern is existing. The candles form ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. 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).

Support & Resistance Price Range*
3rd High 1.043
2nd High 0.982
Next High 0.974
Current Price 0.969000000
Next Low 0.947
2nd Low 0.94
3rd Low 0.903

0.974 – 0.982 – 1.043 – 0.947 – 0.94 – 0.967 —
0.970000000 – 0.966000000 —
53.236125817832 – 45.788247480148 —
– —
0.974 – 1781931600

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