Also there is a ‘Falling Wedge Chart Pattern’ chart formation is found. The chart shows ‘Falling Wedge Chart Pattern’. which is a positive signal. The currency pair is likely to rise.
The combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 3.834000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.859000000 |
| 2nd High | 3.849000000 |
| Next High | 3.834000000 |
| Current Price | 3.835000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3.834000000 – 3.817000000 – 3.817000000 – 3.735000000 – 3.754000000 – 3.716000000