DOT/USDT – 1H – SELLThe currency pair goes from the ascending trendline downwards
A descent downwards to the next support at 4.058000000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 4.288000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 4.148 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 4.288000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.658000000 |
| 2nd High | 4.558000000 |
| Next High | 4.288000000 |
| Current Price | 4.134000000 |
| Next Low | 4.058000000 |
| 2nd Low | 3.929000000 |
| 3rd Low | 3.868000000 |