DOT/USDT – 1H – SELLThe currency pair goes from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 4.146000000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 4.535000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 4.084622 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 4.535000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.858000000 |
| 2nd High | 4.563000000 |
| Next High | 4.535000000 |
| Current Price | 4.237000000 |
| Next Low | 4.146000000 |
| 2nd Low | 4.086000000 |
| 3rd Low | 3.962000000 |