The pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 1.485 will continue.
Caution: A possible counter-trend in the direction of support at 1.43 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
Then a ‘Three Outside Up’ candle chart pattern is existing. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.556 |
| 2nd High | 1.547 |
| Next High | 1.485 |
| Current Price | 1.484000000 |
| Next Low | 1.43 |
| 2nd Low | 1.425 |
| 3rd Low | 1.235 |
1.48 – 1.485 – 1.547 – 1.43 – 1.445 – 1.425 —
1.467000000 – 1.479000000 —
52.352882525333 – 55.640991022044 —
– —
1.48 – 1772996400
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –