The pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance line at 1.393 will persist.
Caution: A possible trend reversal in the direction of the support level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.491 |
| 2nd High | 1.407 |
| Next High | 1.393 |
| Current Price | 1.370000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.393 – 1.407 – 1.491 – 1.340000000 – 1.342 – 1.101 —
1.347000000 – 1.355000000 —
32.209711131382 – 44.959906994662 —
1.340000000 – 1770534000 —
1.393 – 1770489000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –