DOT/USDT – 1H – BUYThe currency pair Polkadot/Tether (DOT/USDT) goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 6.100000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 5.631000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 6.147 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 6.100000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 6.147000000 |
| Next High | 6.100000000 |
| Current Price | 5.990000000 |
| Next Low | 5.631000000 |
| 2nd Low | 5.304000000 |
| 3rd Low | 4.686000000 |