DOT/USDT – 1H – BUYThe currency pair goes from the bullish trendline downwards
A descending movement down to the next support level at 4.357000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 4.615000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 4.504316 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 4.615000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.964000000 |
| 2nd High | 4.858000000 |
| Next High | 4.615000000 |
| Current Price | 4.401000000 |
| Next Low | 4.357000000 |
| 2nd Low | 4.329000000 |
| 3rd Low | 4.199000000 |