The currency pair Polkadot/Tether (DOT/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 1.269 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 1.295 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.341 |
| 2nd High | 1.308 |
| Next High | 1.295 |
| Current Price | 1.279000000 |
| Next Low | 1.269 |
| 2nd Low | 1.25 |
| 3rd Low | 1.235 |
1.295 – 1.28 – 1.291 – 1.269 – 1.25 – 1.235 —
1.277000000 – 1.287000000 —
50.258417752936 – 57.553908914544 —
– —
1.295 – 1776718800