DOT/USDT – 30M – SELLThe currency pair Polkadot/Tether (DOT/USDT) jumps from the ascending trendline downwards
A descent down to the next support level at 3.828000000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 4.065000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 3.7165 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 4.065000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.346000000 |
| 2nd High | 4.110000000 |
| Next High | 4.065000000 |
| Current Price | 3.838000000 |
| Next Low | 3.828000000 |
| 2nd Low | 3.332000000 |
| 3rd Low | 3.323000000 |
4.065000000 – 4.110000000 – 4.016000000 – 3.828000000 – 3.332000000 – 3.323000000
Trading Signals: FOREX – DOT – DOT/USDT – USDT – – Double top chart pattern