DOT/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 1.496 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.547 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles show ‘Bullish Belt Hold’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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 | 1.474000000 |
| Next Low | 1.425 |
| 2nd Low | 1.235 |
| 3rd Low | 1.225 |
1.547 – 1.556 – 1.555 – 1.425 – 1.431 – 1.511 —
1.447000000 – 1.458000000 —
48.704112944445 – 56.362370401904 —
– —
1.547 – 1772782200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –