The combination Polkadot/Tether (DOT/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 4.285000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 4.387000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.882000000 |
| 2nd High | 4.463000000 |
| Next High | 4.387000000 |
| Current Price | 4.301000000 |
| Next Low | 4.285000000 |
| 2nd Low | 4.136000000 |
| 3rd Low | 4.119000000 |
4.387000000 – 4.463000000 – 4.416000000 – 4.285000000 – 4.320000000 – 4.322000000 — 40.593903140705 – 39.61633706983