DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) goes from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 8.972000000 will persist.
Caution: A possible counter-trend in the direction of support at 8.604000000 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Bullish Engulfing’ candlestick pattern is existing. The chart forms ‘Bullish Engulfing’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.204000000 |
| 2nd High | 9.173000000 |
| Next High | 8.972000000 |
| Current Price | 8.770000000 |
| Next Low | 8.604000000 |
| 2nd Low | 8.587000000 |
| 3rd Low | 8.367000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing