DOT/USDT – 30M – SELLThe pair jumps from the ascending trendline down.
A bearish descent downwards to the next support line at 4.045000000 will continue.
Caution: A possible change in the direction of the resistance zone at 4.150000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 4.045 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 4.150000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.184000000 |
| 2nd High | 4.172000000 |
| Next High | 4.150000000 |
| Current Price | 4.068000000 |
| Next Low | 4.045000000 |
| 2nd Low | 3.989000000 |
| 3rd Low | 3.973000000 |