DOT/USDT – 1H – SELLThe pair moves from the bearish trendline downwards
A continuation of the downward movement down to the next support at 4.190000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 4.404000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 4.1885 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 4.404000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.658000000 |
| 2nd High | 4.558000000 |
| Next High | 4.404000000 |
| Current Price | 4.265000000 |
| Next Low | 4.190000000 |
| 2nd Low | 3.973000000 |
| 3rd Low | 3.929000000 |