DOT/USDT – 30M – BUY

The currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.

A bearish trend downwards to the next support at 8.367000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 9.212000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 9.044182 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 9.212000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. which 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’ going up is 82%.

Download DOT/USDT Signal Image

Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers