DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 9.212000000 will persist.
Caution: A possible change in the direction of the support level at 8.799000000 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Bullish Engulfing’ candlestick chart pattern is existing. The candles form ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.669000000 |
| 2nd High | 9.234000000 |
| Next High | 9.212000000 |
| Current Price | 9.018000000 |
| Next Low | 8.799000000 |
| 2nd Low | 8.772000000 |
| 3rd Low | 8.023000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing