The pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline upwards
A bullish ascent up to the next resistance level at 1.547 will continue.
Caution: A possible change in the direction of the support level at 1.431 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.
Besides a ‘Bullish Belt Hold’ candle chart pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.567 |
| 2nd High | 1.556 |
| Next High | 1.547 |
| Current Price | 1.444000000 |
| Next Low | 1.431 |
| 2nd Low | 1.235 |
| 3rd Low | 1.225 |
1.547 – 1.556 – 1.555 – 1.431 – 1.511 – 1.482 —
1.443000000 – 1.438000000 —
31.927746504554 – 39.938952673192 —
– —
1.547 – 1772782200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –