Buy DOT/USDT – 4H – BUY

The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance line at is considered certain.

Caution: A possible trend reversal in the direction of support at 7.550000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 10.5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘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 likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 11.327000000
Next Low 7.550000000
2nd Low 5.473000000
3rd Low 4.686000000

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