The pair Polkadot/Tether (DOT/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 4.626000000 will continue.
Caution: A possible counter-trend in the direction of the support level at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles form ‘Bullish Belt Hold’. this is a bullish pattern signal. 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 | 4.682000000 |
| 2nd High | 4.673000000 |
| Next High | 4.626000000 |
| Current Price | 4.441000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.626000000 – 4.281000000 – 4.258000000 – 4.153000000 – 4.119000000 – 4.054000000 — 41.916966784765 – 50.200147890725
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –