DOT/USDT – 1H – SELLThe pair moves from the ascending trendline down.
A descent down to the next support level at 4.058000000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 4.288000000 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-Level.Continuation of the current descending trend will continue. Current target is 4.148 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 4.288000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.658000000 |
| 2nd High | 4.558000000 |
| Next High | 4.288000000 |
| Current Price | 4.126000000 |
| Next Low | 4.058000000 |
| 2nd Low | 3.929000000 |
| 3rd Low | 3.868000000 |