DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support at 4.115000000 is certain.
Caution: A possible counter-trend in the direction of resistance at 4.218000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 4.142952 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 4.218000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.673000000 |
| 2nd High | 4.554000000 |
| Next High | 4.218000000 |
| Current Price | 4.204000000 |
| Next Low | 4.115000000 |
| 2nd Low | 4.113000000 |
| 3rd Low | 4.084000000 |
4.218000000 – 4.206000000 – 4.195000000 – 4.115000000 – 4.113000000 – 4.084000000 — 54.899786738001 – 51.76887857914