The combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 4.206000000 will persist.
Caution: A possible change in the direction of the support level at 4.115000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘RSI cross above 70’ indicator layout is detected. The indicator shows ‘RSI cross above 70’. which could be a positive signal. The currency pair is likely to rise.
Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.673000000 |
| 2nd High | 4.554000000 |
| Next High | 4.206000000 |
| Current Price | 4.169000000 |
| Next Low | 4.115000000 |
| 2nd Low | 4.113000000 |
| 3rd Low | 4.084000000 |
4.206000000 – 4.195000000 – 4.131000000 – 4.115000000 – 4.113000000 – 4.084000000 — 46.142523960398 – 53.522461981053
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double bottom chart pattern –