DOT/USDT – 30M – SELLThe currency pair moves from the bullish trendline downwards
The bearish trend down to the next support level at 4.564000000 is expected.
Caution: A possible change in the direction of resistance at 4.729000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 4.634 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 4.729000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.930000000 |
| 2nd High | 4.858000000 |
| Next High | 4.729000000 |
| Current Price | 4.567000000 |
| Next Low | 4.564000000 |
| 2nd Low | 4.486000000 |
| 3rd Low | 4.334000000 |