The pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline upwards
An ascending movement upwards to the next resistance at 1.241 will persist.
Caution: A possible change in the direction of the support level at 1.21 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The pair is likely to go up.
There is also a ‘Three Outside Up’ candlestick pattern is detected. The chart shows ‘Three Outside Up’. this 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.315 |
| 2nd High | 1.275 |
| Next High | 1.241 |
| Current Price | 1.227000000 |
| Next Low | 1.21 |
| 2nd Low | 1.171 |
| 3rd Low | 1.147 |
1.241 – 1.275 – 1.274 – 1.21 – 1.228 – 1.252 —
1.226000000 – 1.224000000 —
41.242474171417 – 39.412369355631 —
– —
1.241 – 1777352400
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –