DOT/USDT – 30M – SELLThe currency pair jumps from the ascending trendline down.
A bearish trend down to the next support line at 4.051000000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 4.253000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 4.051 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 4.253000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.729000000 |
| 2nd High | 4.563000000 |
| Next High | 4.253000000 |
| Current Price | 4.173000000 |
| Next Low | 4.051000000 |
| 2nd Low | 3.973000000 |
| 3rd Low | 3.929000000 |