DOT/USDT – 30M – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance line at 0.974 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
Additionally a ‘Tweezers Bottom’ candlestick pattern is found. The candles form ‘Tweezers Bottom’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.996 |
| 2nd High | 0.978 |
| Next High | 0.974 |
| Current Price | 0.967000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.974 – 0.978 – 0.996 – 0.949 – 0.951 – 0.884 —
0.945000000 – 0.966000000 —
31.288918374081 – 54.566959795041 —
– —
0.974 – 1781010000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Tweezers Bottom – – –