The currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline down.
A bearish movement downwards to the next support line at 0.633 is certain.
Caution: A possible trend reversal in the direction of resistance at 2.653000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.993 |
| 2nd High | 2.662 |
| Next High | 2.653000000 |
| Current Price | 2.457000000 |
| Next Low | 0.633 |
| 2nd Low | |
| 3rd Low |
2.653000000 – 2.662 – 2.993 – 2.506 – 2.521 – 2.5 — 37.690951751799 – 33.384575045409 — 17.541591579827 – 20.328292721147 – 10.433941368449 – 16.431244583604
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Symmetrical Triangle Chart Pattern – –