The combination Polkadot/Tether (DOT/USDT) moves from the descending trendline up.
A bullish trend upwards to the next resistance line at 8.972000000 will continue.
Caution: A possible counter-trend in the direction of the support line at 8.136000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 9.204000000 |
2nd High | 9.173000000 |
Next High | 8.972000000 |
Current Price | 8.365000000 |
Next Low | 8.136000000 |
2nd Low | 8.023000000 |
3rd Low | 7.590000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers