The currency pair Polkadot/Tether (DOT/USDT) moves from the bullish trendline downwards
A descent down to the next support at 1.221 is expected.
Caution: A possible change in the direction of the resistance line at 1.287 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34 |
| 2nd High | 1.306 |
| Next High | 1.287 |
| Current Price | 1.271000000 |
| Next Low | 1.221 |
| 2nd Low | 1.101 |
| 3rd Low | 0.633 |
1.287 – 1.276 – 1.274 – 1.221 – 1.249 – 1.247 —
1.277000000 – 1.283000000 —
54.609602513895 – 61.836562507822 —
– —
1.287 – 1774828800