DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 3.825000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 3.712000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Line Strike – Bullish’ candle pattern is discovered. The candles show ‘Three Line Strike – Bullish’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.005000000 |
| 2nd High | 3.914000000 |
| Next High | 3.825000000 |
| Current Price | 3.813000000 |
| Next Low | 3.712000000 |
| 2nd Low | 3.689000000 |
| 3rd Low | 3.688000000 |
3.825000000 – 3.914000000 – 4.005000000 – 3.712000000 – 3.750000000 – 3.874000000 — 53.073728005867 – 56.517578410567
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Line Strike – Bullish – – –