DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 4.100000000 is considered certain.
Caution: A possible change in the direction of the support line at 4.003000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bullish Engulfing’ candle chart pattern is existing. The candles form ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.283000000 |
| 2nd High | 4.146000000 |
| Next High | 4.100000000 |
| Current Price | 4.057000000 |
| Next Low | 4.003000000 |
| 2nd Low | 3.986000000 |
| 3rd Low | 3.782000000 |
4.100000000 – 4.082000000 – 4.074000000 – 4.003000000 – 3.986000000 – 3.782000000 — 49.964037900897 – 54.192434346685
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing – Double top retreat up – –