The currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 2.116 is certain.
Caution: A possible trend reversal in the direction of support at 2.069 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.249 |
| 2nd High | 2.144 |
| Next High | 2.116 |
| Current Price | 2.123000000 |
| Next Low | 2.069 |
| 2nd Low | 2.048 |
| 3rd Low | 1.968 |
2.116 – 2.144 – 2.249 – 2.069 – 2.048 – 2.085 — 57.114254595129 – 63.93742767196 — 63.7745142205 – 81.427756254317 – 65.421052813423 – 71.242452673537