DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 9.205000000 will persist.
Caution: A possible counter-trend in the direction of the support zone at 8.772000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 9.2205 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 9.205000000 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.669000000 |
| 2nd High | 9.234000000 |
| Next High | 9.205000000 |
| Current Price | 9.128000000 |
| Next Low | 8.772000000 |
| 2nd Low | 8.023000000 |
| 3rd Low | 7.590000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers