DOT/USDT – 1H – BUYThe pair goes from the bullish trendline downwards
A bearish descent downwards to the next support at 4.968000000 will persist.
Caution: A possible change in the direction of the resistance zone at 5.839000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 5.4614 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 5.839000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 5.839000000 |
| Current Price | 5.068000000 |
| Next Low | 4.968000000 |
| 2nd Low | 4.314000000 |
| 3rd Low | 4.239000000 |