The pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 1.651 will continue.
Caution: A possible change in the direction of the support zone at 1.458 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which is a bullish 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 | 1.752 |
| 2nd High | 1.683 |
| Next High | 1.651 |
| Current Price | 1.623000000 |
| Next Low | 1.458 |
| 2nd Low | 1.225 |
| 3rd Low | 1.101 |
1.651 – 1.683 – 1.752 – 1.458 – 1.547 – 1.522 —
1.493000000 – 1.610000000 —
35.345596029927 – 58.930884279294 —
– —
1.651 – 1772222400
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –