DOT/USDT – 30M – BUYThe pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 11.233000000 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 10.306000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 10.917232 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 11.233000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 11.649000000 |
| Next High | 11.233000000 |
| Current Price | 10.822000000 |
| Next Low | 10.306000000 |
| 2nd Low | 10.093000000 |
| 3rd Low | 9.895000000 |