The combination Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 0.895 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.825 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.887 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.895 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.979 |
| 2nd High | 0.908 |
| Next High | 0.895 |
| Current Price | 0.856000000 |
| Next Low | 0.825 |
| 2nd Low | 0.815 |
| 3rd Low | 0.795 |
0.895 – 0.908 – 0.9 – 0.825 – 0.815 – 0.795 —
0.851000000 – 0.862000000 —
43.190128610959 – 51.813255595493 —
– —
0.895 – 1783670400