The currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 1.398 is likely expected.
Caution: A possible change in the direction of the support level at 1.26 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.368468 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 1.398 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.566 |
| 2nd High | 1.44 |
| Next High | 1.398 |
| Current Price | 1.341000000 |
| Next Low | 1.26 |
| 2nd Low | 1.252 |
| 3rd Low | 1.249 |
1.398 – 1.364 – 1.372 – 1.26 – 1.3 – 1.338 —
1.365000000 – 1.343000000 —
53.452363147584 – 35.436926947924 —
– —
1.398 – 1771671600