The currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance line at 0.975 is expected.
Caution: A possible counter-trend in the direction of the support zone at could happen.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.001 |
| 2nd High | 0.996 |
| Next High | 0.975 |
| Current Price | 0.979000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.975 – 0.975 – 0.96 – 0.941 – 0.903 – 0.928 —
0.960000000 – 0.972000000 —
47.791980947152 – 54.899778170905 —
– —
0.975 – 1781276400