DOT/USDT – 30M – SELLThe pair moves from the ascending trendline downwards
A bearish trend downwards to the next support level at 4.746000000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 4.930000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 4.746 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 4.930000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.964000000 |
| 2nd High | 4.941000000 |
| Next High | 4.930000000 |
| Current Price | 4.777000000 |
| Next Low | 4.746000000 |
| 2nd Low | 4.564000000 |
| 3rd Low | 4.486000000 |