The combination Polkadot/Tether (DOT/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 1.338 is certain.
Caution: A possible change in the direction of the support level at 1.293 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three White Soldiers’ chart pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.361 |
| 2nd High | 1.355 |
| Next High | 1.338 |
| Current Price | 1.374000000 |
| Next Low | 1.293 |
| 2nd Low | 1.29 |
| 3rd Low | 1.286 |
1.338 – 1.334 – 1.296 – 1.293 – 1.29 – 1.286 —
1.317000000 – 1.370000000 —
44.573997899897 – 71.359493531982 —
– —
1.338 – 1778158800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –