The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 1.419 is certain.
Caution: A possible trend reversal in the direction of the support level at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
Besides a ‘Bullish Separating Lines’ candlestick chart pattern is detected. The chart shows ‘Bullish Separating Lines’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.553 |
| 2nd High | 1.493 |
| Next High | 1.419 |
| Current Price | 1.378000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.419 – 1.393 – 1.338 – 1.335 – 1.329 – 1.293 —
1.367000000 – 1.374000000 —
48.760252664611 – 53.399748067375 —
– —
1.419 – 1778439600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Separating Lines – Symmetrical Triangle Chart Pattern – –