The pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
A bearish movement down to the next support at 2.054 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 2.179 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair could go down.
Moreover a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.344 |
| 2nd High | 2.308 |
| Next High | 2.179 |
| Current Price | 2.131000000 |
| Next Low | 2.054 |
| 2nd Low | 2.04 |
| 3rd Low | 1.961 |
2.179 – 2.16 – 2.156 – 2.054 – 2.04 – 2.118 — 54.880439526639 – 47.973604338196 — 40.958198477458 – 36.551640303293 – 32.179524193017 – 36.911762471319
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern – –