DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 4.371000000 will continue.
Caution: A possible change in the direction of the support level at 4.153000000 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bullish Belt Hold’. 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 probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.673000000 |
| 2nd High | 4.554000000 |
| Next High | 4.371000000 |
| Current Price | 4.339000000 |
| Next Low | 4.153000000 |
| 2nd Low | 4.119000000 |
| 3rd Low | 4.054000000 |
4.281000000 – 4.244000000 – 4.258000000 – 4.153000000 – 4.201000000 – 4.119000000 — 63.114480130552 – 68.911023651141
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –