The currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance at 1.55 will persist.
Caution: A possible trend reversal in the direction of the support zone at 1.51 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.
Besides a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The pair is likely to go up.
Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 1.549464 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.55 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.723 |
| 2nd High | 1.576 |
| Next High | 1.55 |
| Current Price | 1.525000000 |
| Next Low | 1.51 |
| 2nd Low | 1.509 |
| 3rd Low | 1.452 |
1.55 – 1.576 – 1.536 – 1.51 – 1.509 – 1.452 —
1.525000000 – 1.533000000 —
44.111107983337 – 48.230307433789 —
– —
1.55 – 1770093000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Double bottom chart pattern – –