The pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 1.304 is considered certain.
Caution: A possible change in the direction of the support line at 1.249 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.287094 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 1.304 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.368 |
| 2nd High | 1.345 |
| Next High | 1.304 |
| Current Price | 1.271000000 |
| Next Low | 1.249 |
| 2nd Low | 1.225 |
| 3rd Low | 1.101 |
1.304 – 1.281 – 1.297 – 1.249 – 1.225 – 1.228 —
1.276000000 – 1.259000000 —
49.62083867287 – 33.952553340911 —
– —
1.304 – 1770894000
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Head and Shoulder chart pattern – –