DOT/USDT – 4H – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance level at 4.181000000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 3.538000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. this is usually a bullish signal. The pair is likely to go up.
Besides a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.673000000 |
| 2nd High | 4.309000000 |
| Next High | 4.181000000 |
| Current Price | 4.177000000 |
| Next Low | 3.538000000 |
| 2nd Low | 3.427000000 |
| 3rd Low | 3.323000000 |
4.181000000 – 3.757000000 – 4.309000000 – 3.538000000 – 3.427000000 – 3.863000000 — 62.592666815733 – 63.566785770677
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double bottom chart pattern – –