The currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance at 1.383 is considered certain.
Caution: A possible counter-trend in the direction of support at 1.358 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.439 |
| 2nd High | 1.391 |
| Next High | 1.383 |
| Current Price | 1.367000000 |
| Next Low | 1.358 |
| 2nd Low | 1.332 |
| 3rd Low | 1.331 |
1.383 – 1.391 – 1.371 – 1.358 – 1.332 – 1.331 —
1.378000000 – 1.369000000 —
55.717108226137 – 47.730600405474 —
– —
1.383 – 1771279200
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double top retreat up – –