The combination Polkadot/Tether (DOT/USDT) moves from the bearish trendline up.
An ascent up to the next resistance at 1.372 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 1.252 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.391 |
| 2nd High | 1.381 |
| Next High | 1.372 |
| Current Price | 1.297000000 |
| Next Low | 1.252 |
| 2nd Low | 1.249 |
| 3rd Low | 1.225 |
1.372 – 1.381 – 1.391 – 1.3 – 1.338 – 1.34 —
1.290000000 – 1.283000000 —
28.579809214622 – 38.268053940328 —
– —
1.372 – 1771426800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –