The combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance at 0.975 is expected.
Caution: A possible trend reversal in the direction of support at 0.903 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.
In addition a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
In addition a ‘Three White Soldiers’ candlestick pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.001 |
| 2nd High | 0.996 |
| Next High | 0.975 |
| Current Price | 0.966000000 |
| Next Low | 0.903 |
| 2nd Low | 0.884 |
| 3rd Low | 0.633 |
0.975 – 0.96 – 0.996 – 0.903 – 0.928 – 0.949 —
0.951000000 – 0.959000000 —
48.601507475571 – 54.620162703397 —
– —
0.975 – 1781200800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Three White Soldiers – – –