DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 3.925000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 3.836000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.
Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Latter Bottom’ chart pattern is existing. The chart shows ‘Latter Bottom’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.283000000 |
| 2nd High | 4.146000000 |
| Next High | 3.925000000 |
| Current Price | 3.903000000 |
| Next Low | 3.836000000 |
| 2nd Low | 3.755000000 |
| 3rd Low | 3.689000000 |
3.925000000 – 3.923000000 – 3.856000000 – 3.836000000 – 3.848000000 – 3.755000000 — 50.884945383862 – 59.907014594092
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Latter Bottom – – –