DOT/USDT – 30M – BUY

The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards

A bearish trend down to the next support at 8.641000000 is certain.

Caution: A possible trend reversal in the direction of resistance at 9.204000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 9.047588 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 9.204000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Download DOT/USDT Signal Image

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