The currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support at 6.871000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 7.592000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 7.802000000 |
2nd High | 7.678000000 |
Next High | 7.592000000 |
Current Price | 6.940000000 |
Next Low | 6.871000000 |
2nd Low | 6.654000000 |
3rd Low | 6.010000000 |