The currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 3.872000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 3.773000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Bullish Belt Hold’ chart pattern is discovered. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.960000000 |
| 2nd High | 3.923000000 |
| Next High | 3.872000000 |
| Current Price | 3.814000000 |
| Next Low | 3.773000000 |
| 2nd Low | 3.710000000 |
| 3rd Low | 3.697000000 |
3.872000000 – 3.923000000 – 3.905000000 – 3.773000000 – 3.710000000 – 3.697000000 — 42.651955213296 – 47.856881483938
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –