DOT/USDT – 30M – SELLThe combination moves from the bullish trendline down.
The bearish trend downwards to the next support level at 4.058000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 4.176000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 4.111 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 4.176000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.363000000 |
| 2nd High | 4.288000000 |
| Next High | 4.176000000 |
| Current Price | 4.084000000 |
| Next Low | 4.058000000 |
| 2nd Low | 3.929000000 |
| 3rd Low | 3.868000000 |