The pair Polkadot/Tether (DOT/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 3.993000000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 4.088000000 should be noted.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.
Support & Resistance | Price Range* |
---|---|
3rd High | 4.121000000 |
2nd High | 4.102000000 |
Next High | 4.088000000 |
Current Price | 4.060000000 |
Next Low | 3.993000000 |
2nd Low | 3.971000000 |
3rd Low | 3.895000000 |
4.088000000 – 4.102000000 – 4.121000000 – 3.993000000 – 3.971000000 – 4.029000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – Northern Doji