DOT/USDT – 4H – SELLThe pair goes from the bullish trendline down.
A descent downwards to the next support at 4.146000000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 4.615000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 4.093096 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 4.615000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4.964000000 |
| Next High | 4.615000000 |
| Current Price | 4.281000000 |
| Next Low | 4.146000000 |
| 2nd Low | 4.086000000 |
| 3rd Low | 3.951000000 |