DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 11.649000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 9.895000000 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Bullish Engulfing’ candle pattern is existing. The candles form ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 11.649000000 |
| Current Price | 10.718000000 |
| Next Low | 9.895000000 |
| 2nd Low | 9.055000000 |
| 3rd Low | 8.604000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing