Buy DOT/USDT – 30M – BUY

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

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