DOT/USDT – 30M – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance at 6.032000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 5.645000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 5.989316 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 6.032000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.147000000 |
| 2nd High | 6.100000000 |
| Next High | 6.032000000 |
| Current Price | 5.990000000 |
| Next Low | 5.645000000 |
| 2nd Low | 5.631000000 |
| 3rd Low | 5.304000000 |