DOT/USDT – 1H – BUYThe currency pair Polkadot/Tether (DOT/USDT) moves from the descending trendline up.
A bullish movement upwards to the next resistance line at 7.802000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 5.955000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.972000000 |
| 2nd High | 8.468000000 |
| Next High | 7.802000000 |
| Current Price | 6.675000000 |
| Next Low | 5.955000000 |
| 2nd Low | 5.473000000 |
| 3rd Low | 5.304000000 |