And also a ‘Double bottom chart pattern’ chart pattern is detected. The chart picture shows ‘Double bottom chart pattern’. which is a positive signal. The pair is likely to go up.
The currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 3.934000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 3.807000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.283000000 |
| 2nd High | 4.146000000 |
| Next High | 3.934000000 |
| Current Price | 3.935000000 |
| Next Low | 3.807000000 |
| 2nd Low | 3.755000000 |
| 3rd Low | 3.689000000 |
3.934000000 – 3.925000000 – 3.923000000 – 3.807000000 – 3.836000000 – 3.848000000 — 57.055788878346 – 62.643814963017
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double bottom chart pattern – –