DOT/USDT – 1H – SELLThe pair moves from the ascending trendline down.
A bearish movement downwards to the next support line at 4.236000000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 4.404000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 4.302284 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 4.404000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.658000000 |
| 2nd High | 4.558000000 |
| Next High | 4.404000000 |
| Current Price | 4.377000000 |
| Next Low | 4.236000000 |
| 2nd Low | 4.190000000 |
| 3rd Low | 3.973000000 |