DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support at 1.508 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.574 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.681 |
| 2nd High | 1.603 |
| Next High | 1.574 |
| Current Price | 1.551000000 |
| Next Low | 1.508 |
| 2nd Low | 1.473 |
| 3rd Low | 1.458 |
1.574 – 1.551 – 1.557 – 1.508 – 1.508 – 1.473 —
1.559000000 – 1.565000000 —
54.980973825317 – 59.253687081304 —
– —
1.574 – 1772616600