DOT/USDT – 30M – SELLThe currency pair moves from the ascending trendline downwards
A descent downwards to the next support level at 4.564000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 4.773000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 4.669396 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 4.773000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.896000000 |
| 2nd High | 4.895000000 |
| Next High | 4.773000000 |
| Current Price | 4.765000000 |
| Next Low | 4.564000000 |
| 2nd Low | 4.486000000 |
| 3rd Low | 4.334000000 |