The combination Polkadot/Tether (DOT/USDT) moves from the descending trendline upwards
An ascent upwards to the next resistance line at 4.387000000 is certain.
Caution: A possible trend reversal in the direction of the support line at 4.136000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Line Strike – Bullish’ candlestick pattern is existing. The chart shows ‘Three Line Strike – Bullish’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.882000000 |
| 2nd High | 4.463000000 |
| Next High | 4.387000000 |
| Current Price | 4.283000000 |
| Next Low | 4.136000000 |
| 2nd Low | 4.119000000 |
| 3rd Low | 4.054000000 |
4.387000000 – 4.463000000 – 4.416000000 – 4.285000000 – 4.320000000 – 4.322000000 — 28.505806353787 – 41.73715767941
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Line Strike – Bullish – Double top retreat up – –