The combination Polkadot/Tether (DOT/USDT) goes from the descending trendline downwards
A continuation of the downward movement down to the next support at 3.037 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 3.265 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.318 |
| 2nd High | 3.31 |
| Next High | 3.265 |
| Current Price | 3.215000000 |
| Next Low | 3.037 |
| 2nd Low | 2.706 |
| 3rd Low | 2.527 |
3.265 – 3.31 – 3.318 – 3.037 – 3.086 – 2.706 — 56.426313155961 – 52.784917886101 — 85.565039280076 – 66.048731035855 – 82.424286668478 – 80.970598500932