DOT/USDT – 1H – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance level at will persist.
Caution: A possible change in the direction of support at 5.473000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 6.1 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 6.222000000 |
| Next Low | 5.473000000 |
| 2nd Low | 5.304000000 |
| 3rd Low | 4.686000000 |