DOT/USDT

Buy DOT/USDT – 4H – BUY

The pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance at is certain.

Caution: A possible reversal of the trend in the direction of the support level at 4.686000000 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 6.147 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive 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
2nd High
Next High
Current Price 6.217000000
Next Low 4.686000000
2nd Low 3.665000000
3rd Low

Download DOT/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 30M – BUY

The combination Polkadot/Tether (DOT/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance level at 5.968000000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 5.560000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 6.100000000
2nd High 6.080000000
Next High 5.968000000
Current Price 6.234000000
Next Low 5.560000000
2nd Low 5.473000000
3rd Low 5.304000000

Download DOT/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 6.1 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Bullish Engulfing’ candle pattern is detected. The chart forms ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 6.158000000
Next Low 5.473000000
2nd Low 5.304000000
3rd Low 4.686000000

Download DOT/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 1H – BUY

The pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards

A bullish ascent upwards to the next resistance line at is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 5.473000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 6.1 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 6.169000000
Next Low 5.473000000
2nd Low 5.304000000
3rd Low 4.686000000

Download DOT/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 30M – BUY

The currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.

A bullish trend up to the next resistance level at 5.968000000 is considered certain.

Caution: A possible change in the direction of the support line at 5.560000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 6.100000000
2nd High 6.080000000
Next High 5.968000000
Current Price 6.025000000
Next Low 5.560000000
2nd Low 5.473000000
3rd Low 5.304000000

Download DOT/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 1H – BUY

The currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.

A bullish ascent up to the next resistance at 5.968000000 will continue.

Caution: A possible reversal of the trend in the direction of support at 5.473000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. 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 6.100000000
2nd High 6.080000000
Next High 5.968000000
Current Price 5.930000000
Next Low 5.473000000
2nd Low 5.304000000
3rd Low 4.686000000

Download DOT/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 30M – BUY

The currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.

The bullish trend upwards to the next resistance level at 5.968000000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 5.560000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. 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 6.100000000
2nd High 6.080000000
Next High 5.968000000
Current Price 5.929000000
Next Low 5.560000000
2nd Low 5.473000000
3rd Low 5.304000000

Download DOT/USDT Signal Image

Trading Signals:

Sell DOT/USDT – 1H – SELL

The currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.

A descent down to the next support at 5.473000000 will continue.

Caution: A possible change in the direction of resistance at 6.080000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Bearish Engulfing’ candle chart pattern is found. The candles show ‘Bearish Engulfing’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 6.147000000
2nd High 6.100000000
Next High 6.080000000
Current Price 5.829000000
Next Low 5.473000000
2nd Low 5.304000000
3rd Low 4.686000000

Download DOT/USDT Signal Image

Trading Signals:

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