DOT/USDT – 1H – BUYThe combination Polkadot/Tether (DOT/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 0.975 is certain.
Caution: A possible change in the direction of support at 0.94 could occur.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.961 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.975 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.982 |
| 2nd High | 0.976 |
| Next High | 0.975 |
| Current Price | 0.963000000 |
| Next Low | 0.94 |
| 2nd Low | 0.903 |
| 3rd Low | 0.884 |
0.975 – 0.976 – 0.974 – 0.96 – 0.949 – 0.947 —
0.970000000 – 0.949000000 —
46.661656913019 – 28.987598614838 —
– —
0.975 – 1782036000