DOT/USDT – 1H – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 1.278 is likely expected.
Caution: A possible trend reversal in the direction of support at 1.226 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.306 |
| 2nd High | 1.288 |
| Next High | 1.278 |
| Current Price | 1.261000000 |
| Next Low | 1.226 |
| 2nd Low | 1.221 |
| 3rd Low | 1.101 |
1.278 – 1.288 – 1.287 – 1.226 – 1.233 – 1.221 —
1.268000000 – 1.260000000 —
55.924463784072 – 47.089666742723 —
– —
1.278 – 1774965600