DOT/USDT – 1H – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance level at 11.649000000 will persist.
Caution: A possible trend reversal in the direction of the support level at 8.002000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 11.649 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 11.649000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 11.649000000 |
| Current Price | 10.472000000 |
| Next Low | 8.002000000 |
| 2nd Low | 7.550000000 |
| 3rd Low | 5.955000000 |