DOT/USDT – 30M – BUYThe currency pair moves from the descending trendline up.
A bullish movement up to the next resistance line at 4.270000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 4.051000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 4.211008 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 4.270000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.729000000 |
| 2nd High | 4.563000000 |
| Next High | 4.270000000 |
| Current Price | 4.072000000 |
| Next Low | 4.051000000 |
| 2nd Low | 3.973000000 |
| 3rd Low | 3.929000000 |