DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 3.666000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 3.560000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which could be a positive chart signal. The currency pair is likely to rise.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.921000000 |
| 2nd High | 3.692000000 |
| Next High | 3.666000000 |
| Current Price | 3.637000000 |
| Next Low | 3.560000000 |
| 2nd Low | 3.459000000 |
| 3rd Low | 3.427000000 |
3.666000000 – 3.618000000 – 3.631000000 – 3.560000000 – 3.459000000 – 3.427000000 — 53.018028024998 – 58.099083401381