The pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance level at 3.906000000 is certain.
Caution: A possible change in the direction of the support level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.
Then a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The chart forms ‘Bullish Belt Hold’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.283000000 |
| 2nd High | 4.021000000 |
| Next High | 3.906000000 |
| Current Price | 3.866000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.906000000 – 3.887000000 – 4.021000000 – 3.612000000 – 3.712000000 – 3.689000000 — 54.269559491829 – 59.01115166618
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –