DOT/USDT – 4H – SELLThe combination Polkadot/Tether (DOT/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support level at 2.252 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 2.82 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.291 |
| 2nd High | 3.34 |
| Next High | 2.82 |
| Current Price | 2.314000000 |
| Next Low | 2.252 |
| 2nd Low | 0.633 |
| 3rd Low |
2.82 – 3.34 – 3.016 – 2.252 – 2.617 – 2.749 — 43.836944105987 – 41.080209238762 — 89.810268496274 – 88.462638737714 – 83.757187531417 – 87.504890941675