The currency pair Polkadot/Tether (DOT/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 11.649000000 will continue.
Caution: A possible reversal of the trend in the direction of support at 9.895000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. this 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 success rate of a ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 11.649000000 |
Current Price | 10.770000000 |
Next Low | 9.895000000 |
2nd Low | 9.055000000 |
3rd Low | 8.604000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers