The pair Polkadot/Tether (DOT/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support level at 4.165000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 4.554000000 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.682000000 |
| 2nd High | 4.673000000 |
| Next High | 4.554000000 |
| Current Price | 4.144000000 |
| Next Low | 4.165000000 |
| 2nd Low | 4.133000000 |
| 3rd Low | 4.075000000 |
4.554000000 – 4.498000000 – 4.539000000 – 4.355000000 – 4.279000000 – 4.381000000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Triple top chart pattern –