DOT/USDT – 1H – SELLThe currency pair Polkadot/Tether (DOT/USDT) goes from the descending trendline down.
A continuation of the downward movement down to the next support level at 3.330000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 3.577000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.991000000 |
| 2nd High | 3.786000000 |
| Next High | 3.577000000 |
| Current Price | 3.483000000 |
| Next Low | 3.330000000 |
| 2nd Low | 3.250000000 |
| 3rd Low |
3.577000000 – 3.786000000 – 3.991000000 – 3.330000000 – 3.459000000 – 3.496000000