DOT/USDT – 1H – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 1.101 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 1.407 is within the realm of possibility.
Consider stop-loss settings accordingly.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.576 |
| 2nd High | 1.566 |
| Next High | 1.407 |
| Current Price | 1.363000000 |
| Next Low | 1.101 |
| 2nd Low | 0.633 |
| 3rd Low |
1.407 – 1.566 – 1.576 – 1.101 – 1.425 – 1.431 —
1.367000000 – 1.390000000 —
57.595106338247 – 58.201454202318 —
– —
1.407 – 1770397200