DOT/USDT – 1H – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 11.233000000 is considered certain.
Caution: A possible change in the direction of support at 10.093000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bullish Engulfing’ chart pattern is discovered. The candles show ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 11.649000000 |
| Next High | 11.233000000 |
| Current Price | 10.822000000 |
| Next Low | 10.093000000 |
| 2nd Low | 9.895000000 |
| 3rd Low | 8.002000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing