The pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 1.001 will persist.
Caution: A possible change in the direction of the support level at should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.
Moreover a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. 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 | 1.124 |
| 2nd High | 1.073 |
| Next High | 1.001 |
| Current Price | 0.986000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.001 – 1.073 – 1.124 – 0.951 – 0.884 – 0.911 —
0.973000000 – 0.979000000 —
54.611084542036 – 57.358611612937 —
– —
1.001 – 1780869600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –