The pair Polkadot/Tether (DOT/USDT) moves from the descending trendline upwards
A bullish ascent upwards to the next resistance line at 1.491 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.633 could happen.
Consider stop-loss settings accordingly.
In addition a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.566 |
| 2nd High | 1.534 |
| Next High | 1.491 |
| Current Price | 1.266000000 |
| Next Low | 0.633 |
| 2nd Low | |
| 3rd Low |
1.491 – 1.534 – 1.566 – 1.425 – 1.501 – 1.431 —
1.288000000 – 1.245000000 —
30.783352760635 – 37.365208707667 —
– —
1.491 – 1770235200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –