Buy DOT/USDT – 1H – BUY

The currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance level at 11.233000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 10.093000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three White Soldiers’ candle pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 11.649000000
Next High 11.233000000
Current Price 10.614000000
Next Low 10.093000000
2nd Low 9.895000000
3rd Low 8.002000000

Download DOT/USDT Signal Image

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