The pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 9.205000000 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 8.799000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 9.2205 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 9.205000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 9.669000000 |
2nd High | 9.234000000 |
Next High | 9.205000000 |
Current Price | 9.089000000 |
Next Low | 8.799000000 |
2nd Low | 8.772000000 |
3rd Low | 8.023000000 |