The combination Polkadot/Tether (DOT/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 1.834 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 2.064 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.235 |
| 2nd High | 2.198 |
| Next High | 2.064 |
| Current Price | 2.022000000 |
| Next Low | 1.834 |
| 2nd Low | 1.765 |
| 3rd Low | 1.762 |
2.064 – 2 – 2.198 – 1.834 – 2.13 – 2.141 —
2.050000000 – 2.039000000 —
62.686501411235 – 55.12922254413 —
– —
2.06400 – 1768849200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double top retreat up – –