DOT/USDT – 1H – BUYThe combination moves from the ascending trendline down.
A descent down to the next support at 4.130000000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 4.272000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 4.1735 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 4.272000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.858000000 |
| 2nd High | 4.563000000 |
| Next High | 4.272000000 |
| Current Price | 4.139000000 |
| Next Low | 4.130000000 |
| 2nd Low | 4.075000000 |
| 3rd Low | 3.989000000 |