DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance level at 1.371000000 will persist.
Caution: A possible change in the direction of the support level at 1.341000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Outside Up’ candlestick pattern is discovered. The chart forms ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.44 |
| 2nd High | 1.439 |
| Next High | 1.371000000 |
| Current Price | 1.364000000 |
| Next Low | 1.341000000 |
| 2nd Low | 1.331 |
| 3rd Low | 1.252 |
1.371000000 – 1.439 – 1.44 – 1.341000000 – 1.331 – 1.392 —
1.371000000 – 1.360000000 —
40.737555798881 – 49.249493983488 —
1.341000000 – 1771218000 —
– 1771218000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –