The pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 1.229 will persist.
Caution: A possible counter-trend in the direction of support at 1.193 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.
Also there is a ‘Three Outside Up’ chart pattern is existing. The chart forms ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.275 |
| 2nd High | 1.259 |
| Next High | 1.229 |
| Current Price | 1.211000000 |
| Next Low | 1.193 |
| 2nd Low | 1.179 |
| 3rd Low | 1.147 |
1.229 – 1.219 – 1.259 – 1.193 – 1.179 – 1.216 —
1.210000000 – 1.203000000 —
51.226216795669 – 43.255933694068 —
– —
1.229 – 1777644000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –