DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) moves from the descending trendline upwards
An ascending movement up to the next resistance line at 3.921000000 is likely expected.
Caution: A possible change in the direction of the support zone at 3.568000000 should be noted.
Consider stop-loss settings accordingly.
Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Next a ‘Bullish Engulfing’ chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.309000000 |
| 2nd High | 4.084000000 |
| Next High | 3.921000000 |
| Current Price | 3.656000000 |
| Next Low | 3.568000000 |
| 2nd Low | 3.332000000 |
| 3rd Low | 3.323000000 |
3.921000000 – 3.858000000 – 3.921000000 – 3.568000000 – 3.745000000 – 3.626000000 — 33.568188495766 – 49.246049699949
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing – –