DOT/USDT – 1H – SELLThe pair jumps from the ascending trendline down.
A descent down to the next support line at 4.086000000 will persist.
Caution: A possible change in the direction of resistance at 4.535000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 4.243 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 4.535000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.858000000 |
| 2nd High | 4.563000000 |
| Next High | 4.535000000 |
| Current Price | 4.317000000 |
| Next Low | 4.086000000 |
| 2nd Low | 3.962000000 |
| 3rd Low | 3.951000000 |