DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 7.837000000 is expected.
Caution: A possible change in the direction of the support level at 7.584000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Two-Candle Shooting Star’ candlestick pattern is discovered. The chart forms ‘Two-Candle Shooting Star’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two-Candle Shooting Star’ going down is 61% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.972000000 |
| 2nd High | 8.468000000 |
| Next High | 7.837000000 |
| Current Price | 7.811000000 |
| Next Low | 7.584000000 |
| 2nd Low | 7.540000000 |
| 3rd Low | 7.460000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Two-Candle Shooting Star