DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline down.
A bearish descent down to the next support at 1.227 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.262 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.327 |
| 2nd High | 1.315 |
| Next High | 1.262 |
| Current Price | 1.259000000 |
| Next Low | 1.227 |
| 2nd Low | 1.212 |
| 3rd Low | 1.171 |
1.262 – 1.25 – 1.254 – 1.227 – 1.212 – 1.238 —
1.258000000 – 1.263000000 —
60.570343750801 – 62.694470361037 —
– —
1.262 – 1777032000