DOT/USDT – 1H – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 5.968000000 will continue.
Caution: A possible reversal of the trend in the direction of support at 5.473000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.100000000 |
| 2nd High | 6.080000000 |
| Next High | 5.968000000 |
| Current Price | 5.930000000 |
| Next Low | 5.473000000 |
| 2nd Low | 5.304000000 |
| 3rd Low | 4.686000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers