DOT/USDT – 30M – SELLThe currency pair goes from the bullish trendline downwards
A descent down to the next support line at 4.287000000 will persist.
Caution: A possible change in the direction of the resistance zone at 4.386000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 4.287 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 4.386000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.535000000 |
| 2nd High | 4.411000000 |
| Next High | 4.386000000 |
| Current Price | 4.314000000 |
| Next Low | 4.287000000 |
| 2nd Low | 4.086000000 |
| 3rd Low | 3.962000000 |