The pair Polkadot/Tether (DOT/USDT) goes from the descending trendline downwards
A continuation of the downtrend down to the next support at 1.157 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 1.203 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.
Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.221 |
| 2nd High | 1.204 |
| Next High | 1.203 |
| Current Price | 1.187000000 |
| Next Low | 1.157 |
| 2nd Low | 1.147 |
| 3rd Low | 1.101 |
1.203 – 1.204 – 1.221 – 1.157 – 1.183 – 1.191 —
1.190000000 – 1.206000000 —
58.027766285084 – 62.219409737164 —
– —
1.203 – 1780201800