DOT/USDT – 1H – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance level at 8.568000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 7.550000000 could happen.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.500000000 |
| 2nd High | 9.359000000 |
| Next High | 8.568000000 |
| Current Price | 8.430000000 |
| Next Low | 7.550000000 |
| 2nd Low | 5.955000000 |
| 3rd Low | 5.473000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers