DOT/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 1.275 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 1.274 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Engulfing’ chart pattern is discovered. The candles show ‘Bullish Engulfing’. 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 likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.315 |
| 2nd High | 1.275 |
| Next High | 1.274 |
| Current Price | 1.270000000 |
| Next Low | 1.252 |
| 2nd Low | 1.235 |
| 3rd Low | 1.227 |
1.274 – 1.274 – 1.275 – 1.252 – 1.255 – 1.235 —
1.269000000 – 1.272000000 —
50.30844824449 – 58.850705867435 —
– —
1.274 – 1777230000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing – – –