The currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance line at 4.196000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 3.839000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.598000000 |
| 2nd High | 4.346000000 |
| Next High | 4.196000000 |
| Current Price | 4.170000000 |
| Next Low | 3.839000000 |
| 2nd Low | 3.800000000 |
| 3rd Low | 3.796000000 |
4.144000000 – 4.123000000 – 4.099000000 – 3.839000000 – 3.800000000 – 3.939000000