DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 3.707000000 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 3.560000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart signal. The currency pair could go up.
Furthermore a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.921000000 |
| 2nd High | 3.757000000 |
| Next High | 3.707000000 |
| Current Price | 3.603000000 |
| Next Low | 3.560000000 |
| 2nd Low | 3.459000000 |
| 3rd Low | 3.427000000 |
3.707000000 – 3.757000000 – 3.654000000 – 3.560000000 – 3.587000000 – 3.670000000 — 41.508228167685 – 48.465478888019
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –