DOT/USDT – 1H – SELLThe pair jumps from the bullish trendline down.
A descent down to the next support at 3.962000000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 4.260000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 4.104 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 4.260000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.615000000 |
| 2nd High | 4.437000000 |
| Next High | 4.260000000 |
| Current Price | 3.996000000 |
| Next Low | 3.962000000 |
| 2nd Low | 3.951000000 |
| 3rd Low | 3.929000000 |