The combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance level at 3.757000000 will persist.
Caution: A possible change in the direction of the support zone at 3.587000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘RSI cross above 30’ indicator signal is found. The indicator is ‘RSI cross above 30’. this is usually a bullish signal. The currency pair is likely to rise.
There is also a ‘StochRSI cross above 20’ indicator signal is found. The indicator is ‘StochRSI cross above 20’. this is usually a bullish signal. The currency pair is likely to rise.
There is also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
There is also a ‘Bullish Engulfing’ candlestick pattern is detected. The chart shows ‘Bullish Engulfing’. which 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 ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.084000000 |
| 2nd High | 3.921000000 |
| Next High | 3.757000000 |
| Current Price | 3.603000000 |
| Next Low | 3.587000000 |
| 2nd Low | 3.560000000 |
| 3rd Low | 3.459000000 |
3.757000000 – 3.654000000 – 3.666000000 – 3.587000000 – 3.670000000 – 3.560000000 — 31.790116898193 – 39.112462240789
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing – – –