The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 10.500000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 8.042000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ chart pattern is existing. The candles form ‘Three White Soldiers’. 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 ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 10.500000000 |
Current Price | 9.079000000 |
Next Low | 8.042000000 |
2nd Low | 5.955000000 |
3rd Low | 5.473000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers