Buy DOT/USDT – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 5.802204 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 6.147000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 6.147000000
Current Price 5.791000000
Next Low 4.686000000
2nd Low 4.314000000
3rd Low 4.239000000

Download DOT/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals