DOT/USDT – 1H – SELLCorrection of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 4.1045 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 4.270000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.403000000 |
| 2nd High | 4.341000000 |
| Next High | 4.270000000 |
| Current Price | 4.210000000 |
| Next Low | 4.058000000 |
| 2nd Low | 3.929000000 |
| 3rd Low | 3.868000000 |