The combination Polkadot/Tether (DOT/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 4.295000000 is expected.
Caution: A possible change in the direction of the support level at 4.151000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘Bullish Belt Hold’ candle chart pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.468000000 |
| 2nd High | 4.405000000 |
| Next High | 4.295000000 |
| Current Price | 4.191000000 |
| Next Low | 4.151000000 |
| 2nd Low | 4.150000000 |
| 3rd Low | 4.119000000 |
4.295000000 – 4.405000000 – 4.468000000 – 4.151000000 – 4.150000000 – 4.286000000 — 38.972358852838 – 49.670120812113
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –