DOT/USDT – 30M – SELLThe combination goes from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 4.130000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 4.255000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 4.117158 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 4.255000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.563000000 |
| 2nd High | 4.272000000 |
| Next High | 4.255000000 |
| Current Price | 4.171000000 |
| Next Low | 4.130000000 |
| 2nd Low | 4.097000000 |
| 3rd Low | 4.075000000 |