DOT/USDT – 1H – BUYThe combination Polkadot/Tether (DOT/USDT) moves from the bearish trendline upwards
A bullish movement up to the next resistance line at 1.297 will persist.
Caution: A possible change in the direction of the support level at 1.225000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bullish Belt Hold’ chart pattern is discovered. The candles show ‘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 success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.393 |
| 2nd High | 1.345 |
| Next High | 1.297 |
| Current Price | 1.267000000 |
| Next Low | 1.225000000 |
| 2nd Low | 1.101 |
| 3rd Low |
1.297 – 1.292 – 1.345 – 1.225000000 – 1.265 – 1.277 —
1.245000000 – 1.281000000 —
36.528289766688 – 49.651705573855 —
1.225000000 – 1770822000 —
1.297 – 1770818400
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bullish Belt Hold – – –