The currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 9.033000000 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 8.042000000 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Three White Soldiers’ candle pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 10.500000000 |
Next High | 9.033000000 |
Current Price | 8.962000000 |
Next Low | 8.042000000 |
2nd Low | 5.955000000 |
3rd Low | 5.560000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers