The pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support line at 1.247 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 1.272 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.327 |
| 2nd High | 1.315 |
| Next High | 1.272 |
| Current Price | 1.269000000 |
| Next Low | 1.247 |
| 2nd Low | 1.227 |
| 3rd Low | 1.212 |
1.272 – 1.262 – 1.25 – 1.247 – 1.227 – 1.212 —
1.271000000 – 1.274000000 —
60.012277224438 – 68.880152490548 —
– —
1.272 – 1777089600
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Symmetrical Triangle Chart Pattern – –