DOT/USDT – 1H – BUYThe pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support line at 7.550000000 is certain.
Caution: A possible trend reversal in the direction of resistance at 9.359000000 should always be considered.
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 certain. Target of the current trend is 9.313628 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 9.359000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 10.500000000 |
| Next High | 9.359000000 |
| Current Price | 8.124000000 |
| Next Low | 7.550000000 |
| 2nd Low | 5.955000000 |
| 3rd Low | 5.473000000 |