The currency pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.941 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.995 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then 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 currency pair is likely to fall.
Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.001 |
| 2nd High | 0.996 |
| Next High | 0.995 |
| Current Price | 0.991000000 |
| Next Low | 0.941 |
| 2nd Low | 0.903 |
| 3rd Low | 0.884 |
0.995 – 0.975 – 0.975 – 0.941 – 0.903 – 0.928 —
0.962000000 – 0.998000000 —
34.54616244781 – 71.531549717855 —
– —
0.995 – 1781334000