The pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 1.546 is certain.
Caution: A possible counter-trend in the direction of support at 1.475 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘RSI Bullish Divergence’ indicator layout is existing. The indicator is ‘RSI Bullish Divergence’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘StochOSC Bullish Divergence’ indicator layout is existing. The indicator is ‘StochOSC Bullish Divergence’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.5045 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 1.546 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.556 |
| 2nd High | 1.547 |
| Next High | 1.546 |
| Current Price | 1.493000000 |
| Next Low | 1.475 |
| 2nd Low | 1.463 |
| 3rd Low | 1.43 |
1.546 – 1.54 – 1.533 – 1.475 – 1.497 – 1.484 —
1.486000000 – 1.485000000 —
36.716729527055 – 36.795451582509 —
– —
1.546 – 1773154800