DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance line at 3.825000000 will continue.
Caution: A possible trend reversal in the direction of the support level at 3.712000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
In addition a ‘Bullish Engulfing’ candle chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.005000000 |
| 2nd High | 3.914000000 |
| Next High | 3.825000000 |
| Current Price | 3.767000000 |
| Next Low | 3.712000000 |
| 2nd Low | 3.689000000 |
| 3rd Low | 3.688000000 |
3.825000000 – 3.914000000 – 4.005000000 – 3.712000000 – 3.750000000 – 3.874000000 — 39.529042357921 – 45.600742737369
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Engulfing – Double top chart pattern – –