The combination Polkadot/Tether (DOT/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 3.568000000 is certain.
Caution: A possible change in the direction of the resistance zone at 3.692000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 3.568 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 3.692000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.084000000 |
| 2nd High | 3.921000000 |
| Next High | 3.692000000 |
| Current Price | 3.594000000 |
| Next Low | 3.568000000 |
| 2nd Low | 3.332000000 |
| 3rd Low | 3.323000000 |
3.692000000 – 3.921000000 – 3.858000000 – 3.568000000 – 3.745000000 – 3.626000000 — 43.115182754394 – 41.811489532015