The pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 1.334 is considered certain.
Caution: A possible change in the direction of support at 1.286 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bullish Separating Lines’ candle pattern is found. The chart forms ‘Bullish Separating Lines’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Separating Lines’ heading up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.355 |
| 2nd High | 1.341 |
| Next High | 1.334 |
| Current Price | 1.319000000 |
| Next Low | 1.286 |
| 2nd Low | 1.269 |
| 3rd Low | 1.205 |
1.334 – 1.296 – 1.245 – 1.286 – 1.269 – 1.205 —
1.311000000 – 1.315000000 —
47.514523548094 – 53.123042698695 —
– —
1.334 – 1778056200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Separating Lines – – –