DOT/USDT – 4H – SELLThe currency pair moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 3.989000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 4.964000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 3.973 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support line at 4.964000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 5.100000000 |
| Next High | 4.964000000 |
| Current Price | 4.139000000 |
| Next Low | 3.989000000 |
| 2nd Low | 3.973000000 |
| 3rd Low | 3.868000000 |