The combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
An ascent up to the next resistance at 8.471000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 7.590000000 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘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 chance of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 9.920000000 |
2nd High | 8.704000000 |
Next High | 8.471000000 |
Current Price | 8.338000000 |
Next Low | 7.590000000 |
2nd Low | 7.500000000 |
3rd Low | 5.955000000 |
Download DOT/USDT Signal Image
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers