The pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance line at 7.521000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 6.654000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 8.468000000 |
2nd High | 7.802000000 |
Next High | 7.521000000 |
Current Price | 7.519000000 |
Next Low | 6.654000000 |
2nd Low | 6.010000000 |
3rd Low | 5.955000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers