DOT/USDT – 30M – SELLThe pair goes from the ascending trendline down.
A bearish trend down to the next support at 4.119000000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 4.251000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 4.1275 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 4.251000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.349000000 |
| 2nd High | 4.260000000 |
| Next High | 4.251000000 |
| Current Price | 4.178000000 |
| Next Low | 4.119000000 |
| 2nd Low | 4.004000000 |
| 3rd Low | 3.979000000 |