The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 1.355 is certain.
Caution: A possible change in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.662 |
| 2nd High | 1.361 |
| Next High | 1.355 |
| Current Price | 1.310000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.355 – 1.361 – 1.335 – 1.235 – 1.147 – 1.205 —
1.289000000 – 1.282000000 —
52.06956475615 – 51.711901775554 —
– —
1.355 – 1776441600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –