The pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 1.647 is likely expected.
Caution: A possible change in the direction of the support zone at 1.522 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.889 |
| 2nd High | 1.752 |
| Next High | 1.647 |
| Current Price | 1.614000000 |
| Next Low | 1.522 |
| 2nd Low | 1.235 |
| 3rd Low | 1.225 |
1.647 – 1.752 – 1.304 – 1.522 – 1.567 – 1.235 —
1.557000000 – 1.586000000 —
43.820476990165 – 51.82434401242 —
– —
1.647 – 1772112600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –