The combination Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 1.292 is expected.
Caution: A possible change in the direction of the support zone at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.
And also a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.
And also a ‘Bullish Belt Hold’ chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a bullish 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 | 1.355 |
| 2nd High | 1.295 |
| Next High | 1.292 |
| Current Price | 1.291000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.292 – 1.295 – 1.28 – 1.235 – 1.248 – 1.285 —
1.278000000 – 1.281000000 —
45.974066672135 – 50.930828303295 —
– —
1.292 – 1776769200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –