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: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing