The pair Polkadot/Tether (DOT/USDT) moves from the descending trendline upwards
An ascending movement up to the next resistance line at 2.867 is expected.
Caution: A possible trend reversal in the direction of the support level at 2.527 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘RSI cross above 30’ indicator layout is detected. The indicator is ‘RSI cross above 30’. this is usually a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.93 |
| 2nd High | 2.899 |
| Next High | 2.867 |
| Current Price | 2.660000000 |
| Next Low | 2.527 |
| 2nd Low | 2.343 |
| 3rd Low | 0.633 |
2.867 – 2.843 – 2.899 – 2.695 – 2.784 – 2.841 — 28.934846926868 – 31.163776467561 — 2.0030886627907 – 3.3711262282691 – 4.7195099033083 – 3.8173118048756