DOT/USDT – 1H – BUYThe currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 3.875000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 3.732000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.283000000 |
| 2nd High | 4.021000000 |
| Next High | 3.875000000 |
| Current Price | 3.818000000 |
| Next Low | 3.732000000 |
| 2nd Low | 3.712000000 |
| 3rd Low | 3.689000000 |
3.875000000 – 3.825000000 – 4.021000000 – 3.732000000 – 3.712000000 – 3.874000000 — 44.833225981281 – 51.222396146147
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –