DOT/USDT – 30M – SELLThe pair goes from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 4.156000000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 4.227000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 4.148 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 4.227000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.558000000 |
| 2nd High | 4.363000000 |
| Next High | 4.227000000 |
| Current Price | 4.196000000 |
| Next Low | 4.156000000 |
| 2nd Low | 4.148000000 |
| 3rd Low | 4.058000000 |