DOT/USDT – 30M – SELLThe combination goes from the ascending trendline down.
A bearish descent downwards to the next support line at 4.564000000 is expected.
Caution: A possible change in the direction of the resistance zone at 4.858000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 4.682 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 4.858000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.941000000 |
| 2nd High | 4.930000000 |
| Next High | 4.858000000 |
| Current Price | 4.680000000 |
| Next Low | 4.564000000 |
| 2nd Low | 4.486000000 |
| 3rd Low | 4.334000000 |