The currency pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline up.
The bullish trend up to the next resistance level at 1.522000000 will persist.
Caution: A possible change in the direction of the support level at 1.458 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.
In addition a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. 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 likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.681 |
| 2nd High | 1.603 |
| Next High | 1.522000000 |
| Current Price | 1.491000000 |
| Next Low | 1.458 |
| 2nd Low | 1.235 |
| 3rd Low | 1.225 |
1.522000000 – 1.603 – 1.599 – 1.498 – 1.504 – 1.458 —
1.522000000 – 1.489000000 —
48.375894668097 – 41.155223814201 —
1.522000000 – 1772524800 —
– 1772524800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –