DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 5.968000000 is considered certain.
Caution: A possible change in the direction of the support line at 5.560000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.100000000 |
| 2nd High | 6.080000000 |
| Next High | 5.968000000 |
| Current Price | 6.025000000 |
| Next Low | 5.560000000 |
| 2nd Low | 5.473000000 |
| 3rd Low | 5.304000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers