DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) jumps from the descending trendline up.
A bullish movement up to the next resistance line at 3.921000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 3.732000000 could occur.
Consider stop-loss settings accordingly.
There is also a ‘RSI cross above 30’ indicator layout is detected. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘Bullish Engulfing’ candle pattern is detected. The chart shows ‘Bullish Engulfing’. 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 success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.309000000 |
| 2nd High | 4.084000000 |
| Next High | 3.921000000 |
| Current Price | 3.780000000 |
| Next Low | 3.732000000 |
| 2nd Low | 3.332000000 |
| 3rd Low | 3.323000000 |
3.921000000 – 4.084000000 – 4.309000000 – 3.732000000 – 3.820000000 – 3.905000000 — 32.786022968608 – 43.677175085375
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing – –