The currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance line at 5.897000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 5.659000000 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. 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 | 6.032000000 |
Next High | 5.897000000 |
Current Price | 5.815000000 |
Next Low | 5.659000000 |
2nd Low | 5.631000000 |
3rd Low | 5.304000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers