DOT/USDT – 1H – BUYThe currency pair Polkadot/Tether (DOT/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 1.546 will persist.
Caution: A possible trend reversal in the direction of the support level at 1.473 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 1.546 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.546 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.574 |
| 2nd High | 1.556 |
| Next High | 1.546 |
| Current Price | 1.528000000 |
| Next Low | 1.473 |
| 2nd Low | 1.43 |
| 3rd Low | 1.425 |
1.546 – 1.533 – 1.52 – 1.473 – 1.43 – 1.425 —
1.491000000 – 1.535000000 —
47.212753571608 – 56.519769024272 —
– —
1.546 – 1773154800