DOT/USDT – 30M – SELLThe pair Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support at 5.631000000 is considered certain.
Caution: A possible change in the direction of the resistance line at 6.100000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 5.702 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 6.100000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 6.147000000 |
| Next High | 6.100000000 |
| Current Price | 5.827000000 |
| Next Low | 5.631000000 |
| 2nd Low | 5.304000000 |
| 3rd Low | 4.857000000 |