Buy DOT/USDT – 30M – BUY

The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 5.983000000 is likely expected.

Caution: A possible change in the direction of the support zone at 5.304000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 6.147 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 5.983000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 6.147000000
Next High 5.983000000
Current Price 5.982000000
Next Low 5.304000000
2nd Low 4.857000000
3rd Low 4.686000000

Download DOT/USDT Signal Image

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