DOT/USDT – 30M – SELLThe pair goes from the ascending trendline downwards
A bearish trend down to the next support line at 4.086000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 4.430000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 4.348816 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 4.430000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.729000000 |
| 2nd High | 4.563000000 |
| Next High | 4.430000000 |
| Current Price | 4.351000000 |
| Next Low | 4.086000000 |
| 2nd Low | 3.962000000 |
| 3rd Low | 3.951000000 |