DOT/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 5.989316 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 6.032000000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Bullish Engulfing’ candlestick pattern is discovered. The chart shows ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.147000000 |
| 2nd High | 6.100000000 |
| Next High | 6.032000000 |
| Current Price | 5.978000000 |
| Next Low | 5.645000000 |
| 2nd Low | 5.631000000 |
| 3rd Low | 5.304000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing