The pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.975 is expected.
Caution: A possible trend reversal in the direction of support at 0.945 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
Also there is a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.996 |
| 2nd High | 0.978 |
| Next High | 0.975 |
| Current Price | 0.956000000 |
| Next Low | 0.945 |
| 2nd Low | 0.935 |
| 3rd Low | 0.903 |
0.975 – 0.96 – 0.96 – 0.945 – 0.935 – 0.903 —
0.955000000 – 0.948000000 —
52.29317699579 – 40.658449182823 —
– —
0.975 – 1781200800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –