DOT/USDT – 30M – SELLThe combination jumps from the bullish trendline downwards
A bearish movement downwards to the next support at 3.962000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 4.196000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 4.13818 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 4.196000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.272000000 |
| 2nd High | 4.255000000 |
| Next High | 4.196000000 |
| Current Price | 4.169000000 |
| Next Low | 3.962000000 |
| 2nd Low | 3.951000000 |
| 3rd Low | 3.929000000 |