DOT/USDT – 4H – SELLThe pair goes from the ascending trendline down.
A bearish descent down to the next support at 4.146000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 4.535000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 4.190068 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 4.535000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4.964000000 |
| Next High | 4.535000000 |
| Current Price | 4.383000000 |
| Next Low | 4.146000000 |
| 2nd Low | 4.086000000 |
| 3rd Low | 3.951000000 |