DOT/USDT – 1H – SELLThe currency pair moves from the bullish trendline downwards
A bearish descent downwards to the next support line at 3.962000000 will continue.
Caution: A possible change in the direction of the resistance level at 4.263000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 4.1115 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 4.263000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.563000000 |
| 2nd High | 4.272000000 |
| Next High | 4.263000000 |
| Current Price | 4.174000000 |
| Next Low | 3.962000000 |
| 2nd Low | 3.951000000 |
| 3rd Low | 3.929000000 |