DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance at 1.887 is expected.
Caution: A possible change in the direction of support at 1.843 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.
Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.941 |
| 2nd High | 1.924 |
| Next High | 1.887 |
| Current Price | 1.859000000 |
| Next Low | 1.843 |
| 2nd Low | 1.834 |
| 3rd Low | 1.765 |
1.887 – 1.924 – 1.941 – 1.843 – 1.899 – 1.903 —
1.857000000 – 1.848000000 —
36.592747337041 – 27.18406397137 —
– —
1.88700 – 1769486400
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –