The currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 1.44 is likely expected.
Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.
Next a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.576 |
| 2nd High | 1.566 |
| Next High | 1.44 |
| Current Price | 1.381000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.44 – 1.304 – 1.297 – 1.331 – 1.252 – 1.249 —
1.383000000 – 1.362000000 —
58.002420394656 – 48.971703736447 —
– —
1.44 – 1771106400
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –