The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 1.662 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 1.392 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.662 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 1.662 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. this 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 | 1.683 |
| 2nd High | 1.681 |
| Next High | 1.662 |
| Current Price | 1.624000000 |
| Next Low | 1.392 |
| 2nd Low | 1.225 |
| 3rd Low | 1.101 |
1.662 – 1.444 – 1.549 – 1.392 – 1.493 – 1.473 —
1.601000000 – 1.604000000 —
51.473679596374 – 55.132674460443 —
– —
1.662 – 1773694800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –