The combination Polkadot/Tether (DOT/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 4.355000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 4.554000000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘RSI fall below 30’ indicator signal is existing. The indicator is ‘RSI fall below 30’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.682000000 |
| 2nd High | 4.673000000 |
| Next High | 4.554000000 |
| Current Price | 4.211000000 |
| Next Low | 4.355000000 |
| 2nd Low | 4.279000000 |
| 3rd Low | 4.165000000 |
4.554000000 – 4.498000000 – 4.539000000 – 4.355000000 – 4.279000000 – 4.381000000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Triple top chart pattern –