The combination Polkadot/Tether (DOT/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 2.37 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.62 |
| 2nd High | 2.435 |
| Next High | 2.37 |
| Current Price | 2.286000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.37 – 2.435 – 2.62 – 2.244 – 2.275 – 2.257 — 49.119779436027 – 45.613028832983 — 66.827576744128 – 71.885641582158 – 60.9021774834 – 66.01429480223
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double bottom retreat down – –