DOT/USDT – 1H – SELLThe pair goes from the bullish trendline down.
The bearish trend down to the next support line at is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 3.931000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 3.736 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 3.931000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3.996000000 |
| 2nd High | 3.949000000 |
| Next High | 3.931000000 |
| Current Price | 3.695000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |