DOT/USDT – 4H – BUYThe currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 2.235 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 1.834 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.
Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.393 |
| 2nd High | 2.343 |
| Next High | 2.235 |
| Current Price | 1.875000000 |
| Next Low | 1.834 |
| 2nd Low | 1.762 |
| 3rd Low | 1.684 |
2.235 – 2.343 – 1.928 – 1.873 – 1.834 – 2.056 —
1.939000000 – 1.898000000 —
42.316461839294 – 36.76419543132 —
– —
2.23500 – 1768636800