DOT/USDT – 1H – BUYThe currency pair Polkadot/Tether (DOT/USDT) jumps from the bullish trendline down.
A descending movement downwards to the next support at 4.686000000 is expected.
Caution: A possible change in the direction of the resistance line at 5.216000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 5.2625 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 5.216000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.839000000 |
| 2nd High | 5.429000000 |
| Next High | 5.216000000 |
| Current Price | 4.983000000 |
| Next Low | 4.686000000 |
| 2nd Low | 4.314000000 |
| 3rd Low | 4.239000000 |