DOT/USDT – 1H – BUYNext a ‘Double bottom chart pattern’ chart formation is detected. The chart picture forms ‘Double bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to go up.
The pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance level at 4.158000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 3.817000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.309000000 |
| 2nd High | 4.181000000 |
| Next High | 4.158000000 |
| Current Price | 4.173000000 |
| Next Low | 3.817000000 |
| 2nd Low | 3.538000000 |
| 3rd Low | 3.427000000 |
4.158000000 – 4.181000000 – 3.696000000 – 3.817000000 – 3.965000000 – 3.538000000 — 67.960244397234 – 69.200066067048
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double bottom chart pattern – –