DOT/USDT – 4H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 1.310496 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 1.327 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. this 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 success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.361 |
| 2nd High | 1.355 |
| Next High | 1.327 |
| Current Price | 1.269000000 |
| Next Low | 1.212 |
| 2nd Low | 1.147 |
| 3rd Low | 1.101 |
1.327 – 1.355 – 1.361 – 1.212 – 1.235 – 1.147 —
1.269000000 – 1.246000000 —
47.057739832969 – 43.475032052583 —
– —
1.327 – 1776830400
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –