The combination Polkadot/Tether (DOT/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 4.277000000 will persist.
Caution: A possible trend reversal in the direction of the support line at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 4.277 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 4.277000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.598000000 |
| 2nd High | 4.346000000 |
| Next High | 4.277000000 |
| Current Price | 4.234000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.277000000 – 4.269000000 – 4.144000000 – 4.065000000 – 4.081000000 – 3.839000000