DOT/USDT – 30M – SELLThe combination jumps from the bullish trendline downwards
A bearish movement down to the next support at 4.045000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 4.172000000 could be enabled.
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 certain. Target of the current trend is 4.045 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 4.172000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.255000000 |
| 2nd High | 4.184000000 |
| Next High | 4.172000000 |
| Current Price | 4.080000000 |
| Next Low | 4.045000000 |
| 2nd Low | 3.989000000 |
| 3rd Low | 3.973000000 |