DOT/USDT – 1H – BUY

The combination Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance line at 7.802000000 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 6.010000000 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 8.496118 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 7.802000000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Three White Soldiers’ candle pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Download DOT/USDT Signal Image

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers