The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 7.837000000 will continue.
Caution: A possible change in the direction of the support zone at 7.584000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Above the Stomach’ candle pattern is detected. The chart shows ‘Above the Stomach’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Above the Stomach’ going up is 66% (Bull Market) & 67% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 8.972000000 |
2nd High | 8.468000000 |
Next High | 7.837000000 |
Current Price | 7.765000000 |
Next Low | 7.584000000 |
2nd Low | 7.540000000 |
3rd Low | 7.460000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Above the Stomach