The currency pair Polkadot/Tether (DOT/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 4.136000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.202000000 |
| Next High | 4.136000000 |
| Current Price | 4.036000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.136000000 – 4.202000000 – 4.554000000 – 3.894000000 – 4.000000000 – 4.355000000 — 48.142605664045 – 46.65506395552
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern –