Buy DOT/USDT – 30M – BUY

The pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline up.

A continuation of the bullish trend up to the next resistance at 7.109000000 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 6.810000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 7.014848 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 7.109000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 7.592000000
2nd High 7.152000000
Next High 7.109000000
Current Price 6.876000000
Next Low 6.810000000
2nd Low 6.654000000
3rd Low 6.010000000

Download DOT/USDT Signal Image

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