The pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 1.566 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 1.431 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
Furthermore a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair could go up.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Furthermore a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.723 |
| 2nd High | 1.576 |
| Next High | 1.566 |
| Current Price | 1.518000000 |
| Next Low | 1.431 |
| 2nd Low | 1.399 |
| 3rd Low | 0.633 |
1.566 – 1.55 – 1.576 – 1.431 – 1.51 – 1.509 —
1.517000000 – 1.517000000 —
49.907620842366 – 47.914056299419 —
– —
1.566 – 1770150600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –