The combination Polkadot/Tether (DOT/USDT) goes from the descending trendline down.
A continuation of the downward movement down to the next support level at 3.710000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 3.872000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.
There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.960000000 |
| 2nd High | 3.923000000 |
| Next High | 3.872000000 |
| Current Price | 3.798000000 |
| Next Low | 3.710000000 |
| 2nd Low | 3.697000000 |
| 3rd Low | 3.688000000 |
3.872000000 – 3.923000000 – 3.905000000 – 3.710000000 – 3.697000000 – 3.786000000 — 46.0036056394 – 43.549728454717
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double top chart pattern – –