DOT/USDT – 30M – SELLThe pair jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 4.004000000 is certain.
Caution: A possible change in the direction of resistance at 4.173000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 4.004 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 4.173000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.270000000 |
| 2nd High | 4.200000000 |
| Next High | 4.173000000 |
| Current Price | 4.018000000 |
| Next Low | 4.004000000 |
| 2nd Low | 3.973000000 |
| 3rd Low | 3.929000000 |