Buy DOT/USDT – 30M – BUY

The pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline upwards

A bullish ascent up to the next resistance line at 10.438000000 will continue.

Caution: A possible trend reversal in the direction of the support level at 9.895000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Bullish Engulfing’ candle pattern is discovered. The candles form ‘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 success rate of a ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High 10.800000000
2nd High 10.550000000
Next High 10.438000000
Current Price 10.112000000
Next Low 9.895000000
2nd Low 9.055000000
3rd Low 8.604000000

Download DOT/USDT Signal Image

Trading Signals:

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