The combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 1.221 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 1.204 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.
In addition a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair could go up.
In addition a ‘MACD Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘MACD Hidden Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.259 |
| 2nd High | 1.241 |
| Next High | 1.221 |
| Current Price | 1.213000000 |
| Next Low | 1.204 |
| 2nd Low | 1.195 |
| 3rd Low | 1.193 |
1.221 – 1.241 – 1.213 – 1.204 – 1.195 – 1.198 —
1.215000000 – 1.210000000 —
46.560136225968 – 42.075812729676 —
– —
1.221 – 1777795200