The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 1.355 is considered certain.
Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
And also a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.
And also a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency 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’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.662 |
| 2nd High | 1.361 |
| Next High | 1.355 |
| Current Price | 1.291000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.355 – 1.361 – 1.335 – 1.235 – 1.147 – 1.205 —
1.273000000 – 1.279000000 —
50.344734585417 – 46.088342520349 —
– —
1.355 – 1776441600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three Outside Up – – –