Additionally a ‘Double bottom chart pattern’ chart pattern is discovered. The chart picture forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The pair is likely to go up.
The currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 4.158000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 3.817000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.309000000 |
| 2nd High | 4.181000000 |
| Next High | 4.158000000 |
| Current Price | 4.173000000 |
| Next Low | 3.817000000 |
| 2nd Low | 3.538000000 |
| 3rd Low | 3.427000000 |
4.158000000 – 4.181000000 – 3.696000000 – 3.817000000 – 3.965000000 – 3.538000000 — 67.960244397234 – 69.200066067048
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double bottom chart pattern – –