DOT/USDT – 1H – SELLThe pair goes from the ascending trendline down.
A bearish trend downwards to the next support line at 3.665000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 3.931000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 3.665 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 3.931000000 could happen.
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 | 3.780000000 |
| Next Low | 3.665000000 |
| 2nd Low | |
| 3rd Low |