DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance line at 4.131000000 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 4.084000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.202000000 |
| 2nd High | 4.136000000 |
| Next High | 4.131000000 |
| Current Price | 4.124000000 |
| Next Low | 4.084000000 |
| 2nd Low | 3.900000000 |
| 3rd Low | 3.863000000 |
4.131000000 – 4.077000000 – 4.136000000 – 4.084000000 – 3.900000000 – 3.863000000 — 63.231479927759 – 65.061747638474
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double bottom retreat down –