The combination Polkadot/Tether (DOT/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 1.205 is considered certain.
Caution: A possible change in the direction of the resistance zone at 1.245 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.
And also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.275 |
| 2nd High | 1.263 |
| Next High | 1.245 |
| Current Price | 1.229000000 |
| Next Low | 1.205 |
| 2nd Low | 1.197 |
| 3rd Low | 1.195 |
1.245 – 1.263 – 1.224 – 1.205 – 1.197 – 1.205 —
1.244000000 – 1.243000000 —
53.827255528875 – 56.323503297531 —
– —
1.245 – 1777915800