The combination Polkadot/Tether (DOT/USDT) moves from the bullish trendline down.
A bearish descent downwards to the next support level at 1.205 is expected.
Caution: A possible change in the direction of the resistance line at 1.263 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ” indicator layout is discovered. The indicator shows ”. this is usually a bearish chart signal. The currency pair could go down.
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Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
Also there is a ‘Collapsing Doji Star’ candlestick pattern is detected. The candles show ‘Collapsing Doji Star’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.315 |
| 2nd High | 1.275 |
| Next High | 1.263 |
| Current Price | 1.277000000 |
| Next Low | 1.205 |
| 2nd Low | 1.197 |
| 3rd Low | 1.195 |
1.245 – 1.263 – 1.224 – 1.205 – 1.197 – 1.205 —
1.264000000 – 1.289000000 —
66.40861643903 – 78.576520607475 —
– —
1.245 – 1777915800
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Collapsing Doji Star – – –