The currency pair Polkadot/Tether (DOT/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at will continue.
Caution: A possible counter-trend in the direction of the resistance line at 2.353 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.397 |
| 2nd High | 2.371 |
| Next High | 2.353 |
| Current Price | 2.319000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.353 – 2.371 – 2.316 – 2.308 – 2.315 – 2.256 — 42.254943787723 – 34.273566723965 — 3.7119281640577 – 3.7119281640577 – 1.9496015855681 – 3.1869109735873
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern – –