DOT/USDT – 1H – BUYThe combination jumps from the bullish trendline down.
A descent downwards to the next support line at 4.564000000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 4.964000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 4.964 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 4.964000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.209000000 |
| 2nd High | 5.100000000 |
| Next High | 4.964000000 |
| Current Price | 4.797000000 |
| Next Low | 4.564000000 |
| 2nd Low | 4.233000000 |
| 3rd Low | 4.190000000 |