DOT/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.2935 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 1.306 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bullish Belt Hold’ chart pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.412 |
| 2nd High | 1.34 |
| Next High | 1.306 |
| Current Price | 1.272000000 |
| Next Low | 1.247 |
| 2nd Low | 1.235 |
| 3rd Low | 1.225 |
1.306 – 1.295 – 1.34 – 1.247 – 1.275 – 1.271 —
1.272000000 – 1.271000000 —
46.471475043974 – 46.340990462601 —
– —
1.306 – 1774686600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –