The pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 1.347000000 is expected.
Caution: A possible change in the direction of the support line at 1.275 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.372 |
| 2nd High | 1.364 |
| Next High | 1.347000000 |
| Current Price | 1.347000000 |
| Next Low | 1.275 |
| 2nd Low | 1.274 |
| 3rd Low | 1.26 |
1.347000000 – 1.364 – 1.316 – 1.275 – 1.274 – 1.26 —
1.347000000 – 1.342000000 —
56.125540307759 – 56.553003270035 —
1.347000000 – 1771632000 —
– 1771632000