Buy DOT/USDT – 30M – BUY

The pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.

A bullish trend upwards to the next resistance line at 7.521000000 will persist.

Caution: A possible counter-trend in the direction of the support level at 6.654000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three White Soldiers’ candle pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive 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 8.468000000
2nd High 7.802000000
Next High 7.521000000
Current Price 7.519000000
Next Low 6.654000000
2nd Low 6.010000000
3rd Low 5.955000000

Download DOT/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals