DOT/USDT – 1H – BUYAdditionally a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 1.4735 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.549 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Advance Block’ candle pattern is detected. The candles show ‘Advance Block’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.556 |
| 2nd High | 1.555 |
| Next High | 1.549 |
| Current Price | 1.436000000 |
| Next Low | 1.392 |
| 2nd Low | 1.225 |
| 3rd Low | 1.101 |
1.549 – 1.555 – 1.546 – 1.392 – 1.493 – 1.473 —
1.429000000 – 1.435000000 —
39.524228628747 – 52.607525552765 —
– —
1.549 – 1773406800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Advance Block – – –