DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 7.167000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 7.802000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 7.167 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 7.802000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.972000000 |
| 2nd High | 8.468000000 |
| Next High | 7.802000000 |
| Current Price | 7.306000000 |
| Next Low | 7.167000000 |
| 2nd Low | 5.955000000 |
| 3rd Low | 5.560000000 |