DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
A descent downwards to the next support at 8.367000000 is certain.
Caution: A possible counter-trend in the direction of resistance at 9.212000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Target of the current trend is 9.044182 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 9.212000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.669000000 |
| 2nd High | 9.234000000 |
| Next High | 9.212000000 |
| Current Price | 9.111000000 |
| Next Low | 8.367000000 |
| 2nd Low | 8.347000000 |
| 3rd Low | 8.023000000 |