The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 1.55 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 1.510000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.
Also there is a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.723 |
| 2nd High | 1.576 |
| Next High | 1.55 |
| Current Price | 1.527000000 |
| Next Low | 1.510000000 |
| 2nd Low | 1.509 |
| 3rd Low | 1.452 |
1.55 – 1.576 – 1.536 – 1.510000000 – 1.509 – 1.452 —
1.537000000 – 1.526000000 —
37.355766061624 – 45.627941554545 —
1.510000000 – 1770109200 —
1.55 – 1770093000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –