DOT/USDT – 30M – SELLThe currency pair goes from the bullish trendline downwards
The bearish trend down to the next support level at 3.929000000 will persist.
Caution: A possible counter-trend in the direction of resistance at 4.150000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 4.031 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 4.150000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.184000000 |
| 2nd High | 4.172000000 |
| Next High | 4.150000000 |
| Current Price | 3.960000000 |
| Next Low | 3.929000000 |
| 2nd Low | 3.868000000 |
| 3rd Low |