The currency pair Polkadot/Tether (DOT/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at 3.725000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 3.894000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.021000000 |
| 2nd High | 3.906000000 |
| Next High | 3.894000000 |
| Current Price | 3.856000000 |
| Next Low | 3.725000000 |
| 2nd Low | 3.692000000 |
| 3rd Low | 3.612000000 |
3.894000000 – 3.906000000 – 3.887000000 – 3.725000000 – 3.692000000 – 3.612000000 — 63.202400754326 – 56.397992913496
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Tweezers Top – Symmetrical Triangle Chart Pattern – –