DOT/USDT – 30M – SELLThe currency pair goes from the bullish trendline downwards
A bearish trend downwards to the next support at 4.147000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 4.272000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 4.1735 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 4.272000000 could happen.
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 | 4.272000000 |
| Current Price | 4.214000000 |
| Next Low | 4.147000000 |
| 2nd Low | 4.097000000 |
| 3rd Low | 4.075000000 |