DOT/USDT – 1H – BUYThe combination breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 4.392000000 is expected.
Caution: A possible change in the direction of the support zone at 4.239000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three White Soldiers’ candlestick chart pattern is detected. 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.615000000 |
| 2nd High | 4.437000000 |
| Next High | 4.392000000 |
| Current Price | 4.555000000 |
| Next Low | 4.239000000 |
| 2nd Low | 4.045000000 |
| 3rd Low | 3.679000000 |