DOT/USDT – 4H – BUYThe combination goes from the bullish trendline downwards
The bearish trend down to the next support at 3.973000000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 4.964000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 4.416 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 4.964000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 5.100000000 |
| Next High | 4.964000000 |
| Current Price | 4.190000000 |
| Next Low | 3.973000000 |
| 2nd Low | 3.868000000 |
| 3rd Low |