The currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 1.334 is likely expected.
Caution: A possible trend reversal in the direction of support at 1.286 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Rising Window’ candlestick chart pattern is found. The candles show ‘Rising Window’. which 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 chance of ‘Rising Window’ going up is 75% (Bull Market) & 72% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.355 |
| 2nd High | 1.341 |
| Next High | 1.334 |
| Current Price | 1.322000000 |
| Next Low | 1.286 |
| 2nd Low | 1.269 |
| 3rd Low | 1.205 |
1.334 – 1.296 – 1.245 – 1.286 – 1.269 – 1.205 —
1.316000000 – 1.312000000 —
53.378097168285 – 48.242815214009 —
– —
1.334 – 1778056200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Rising Window – – –