The combination Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 1.482 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 1.555 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.
Also there is a ‘StochOSC Hidden Bearish Divergence’ indicator layout is existing. The indicator is ‘StochOSC Hidden Bearish Divergence’. which could be a negative chart scenario. The pair is likely to go down.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.574 |
| 2nd High | 1.567 |
| Next High | 1.555 |
| Current Price | 1.522000000 |
| Next Low | 1.482 |
| 2nd Low | 1.473 |
| 3rd Low | 1.458 |
1.555 – 1.567 – 1.574 – 1.482 – 1.508 – 1.508 —
1.493000000 – 1.554000000 —
34.763211540437 – 61.236816540236 —
– —
1.555 – 1772685000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Symmetrical Triangle Chart Pattern – –