DOT/USDT – 4H – BUYNext a ‘Double top retreat up’ chart layout is existing. The chart picture forms ‘Double top retreat up’. which is a positive signal. The currency pair is likely to go up.
Next a ‘Bullish Engulfing’ candle pattern is found. The chart forms ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.682000000 |
| 2nd High | 4.673000000 |
| Next High | 4.309000000 |
| Current Price | 3.896000000 |
| Next Low | 3.863000000 |
| 2nd Low | 3.800000000 |
| 3rd Low | 3.323000000 |
4.309000000 – 4.673000000 – 4.624000000 – 3.863000000 – 3.800000000 – 3.323000000 — 33.970585032507 – 37.512787479032
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing – Double top retreat up –