The currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance line at 1.444 will continue.
Caution: A possible change in the direction of the support level at 1.392 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Three Outside Up’ candlestick chart pattern is found. The chart forms ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.55 |
| 2nd High | 1.549 |
| Next High | 1.444 |
| Current Price | 1.422000000 |
| Next Low | 1.392 |
| 2nd Low | 1.235 |
| 3rd Low | 1.225 |
1.444 – 1.432 – 1.444 – 1.392 – 1.428 – 1.493 —
1.420000000 – 1.422000000 —
42.950983947929 – 40.763888051694 —
– —
1.444 – 1773577800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –