The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 1.393 is likely expected.
Caution: A possible counter-trend in the direction of support at 1.338 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bearish SBS White Lines’ candlestick chart pattern is detected. The chart shows ‘Bearish SBS White Lines’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.429 |
| 2nd High | 1.412 |
| Next High | 1.393 |
| Current Price | 1.351000000 |
| Next Low | 1.338 |
| 2nd Low | 1.293 |
| 3rd Low | 1.29 |
1.393 – 1.338 – 1.331 – 1.338 – 1.293 – 1.295 —
1.358000000 – 1.352000000 —
52.039229665351 – 43.622287920895 —
– —
1.393 – 1778290200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Bearish SBS White Lines – – –