DOT/USDT – 4H – SELLThe combination moves from the ascending trendline down.
A bearish movement down to the next support at 4.058000000 will persist.
Caution: A possible change in the direction of resistance at 4.558000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 3.868 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 4.558000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.942000000 |
| 2nd High | 5.100000000 |
| Next High | 4.558000000 |
| Current Price | 4.108000000 |
| Next Low | 4.058000000 |
| 2nd Low | 3.868000000 |
| 3rd Low |