DOT/USDT – 30M – BUYIn addition a ‘Double top retreat up’ chart layout is found. The chart shows ‘Double top retreat up’. which is a positive signal. The pair is likely to go up.
The currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance at 3.970000000 is expected.
Caution: A possible counter-trend in the direction of the support line at 3.812000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bullish Belt Hold’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.371000000 |
| 2nd High | 4.193000000 |
| Next High | 3.970000000 |
| Current Price | 3.842000000 |
| Next Low | 3.812000000 |
| 2nd Low | 3.688000000 |
| 3rd Low | 3.644000000 |
3.970000000 – 4.193000000 – 3.997000000 – 3.830000000 – 4.044000000 – 3.923000000 — 30.36132451384 – 39.21051080957
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – Double top retreat up – –