The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline down.
A bearish trend down to the next support level at 3.800000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 4.084000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair could go down.
Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.309000000 |
| Next High | 4.084000000 |
| Current Price | 3.856000000 |
| Next Low | 3.800000000 |
| 2nd Low | 3.796000000 |
| 3rd Low | 3.323000000 |
4.084000000 – 4.309000000 – 4.206000000 – 3.905000000 – 3.863000000 – 3.894000000 — 33.47438678203 – 29.979228706101
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double top chart pattern –