DOT/USDT – 30M – SELLThe combination Polkadot/Tether (DOT/USDT) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 10.100000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 10.550000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 10.093 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 10.550000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.928000000 |
| 2nd High | 10.800000000 |
| Next High | 10.550000000 |
| Current Price | 10.204000000 |
| Next Low | 10.100000000 |
| 2nd Low | 10.093000000 |
| 3rd Low | 9.895000000 |