DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support at 7.353000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 7.678000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 7.228 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 7.678000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.468000000 |
| 2nd High | 7.802000000 |
| Next High | 7.678000000 |
| Current Price | 7.434000000 |
| Next Low | 7.353000000 |
| 2nd Low | 6.654000000 |
| 3rd Low | 6.010000000 |