DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support line at 1.247 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.262 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.327 |
| 2nd High | 1.315 |
| Next High | 1.262 |
| Current Price | 1.261000000 |
| Next Low | 1.247 |
| 2nd Low | 1.227 |
| 3rd Low | 1.212 |
1.262 – 1.25 – 1.254 – 1.247 – 1.227 – 1.212 —
1.258000000 – 1.269000000 —
48.882117101192 – 60.623500525817 —
– —
1.262 – 1777032000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern – –