DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support at 5.645000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 5.897000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 5.8655 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 5.897000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.100000000 |
| 2nd High | 6.032000000 |
| Next High | 5.897000000 |
| Current Price | 5.887000000 |
| Next Low | 5.645000000 |
| 2nd Low | 5.631000000 |
| 3rd Low | 5.304000000 |