DOT/USDT – 4H – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at is certain.
Caution: A possible reversal of the trend in the direction of the support level at 4.686000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 6.147 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘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 chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 6.217000000 |
| Next Low | 4.686000000 |
| 2nd Low | 3.665000000 |
| 3rd Low |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers