DOT/USDT – 30M – SELLThe currency pair jumps from the ascending trendline down.
A descent down to the next support line at 4.138000000 is certain.
Caution: A possible change in the direction of the resistance zone at 4.212000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 4.150152 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 4.212000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.251000000 |
| 2nd High | 4.218000000 |
| Next High | 4.212000000 |
| Current Price | 4.163000000 |
| Next Low | 4.138000000 |
| 2nd Low | 4.119000000 |
| 3rd Low | 4.004000000 |