DOT/USDT – 1H – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at is expected.
Caution: A possible trend reversal in the direction of the support zone at 5.473000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 6.271 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 6.437000000 |
| Next Low | 5.473000000 |
| 2nd Low | 5.304000000 |
| 3rd Low | 4.686000000 |