DOT/USDT – 1H – BUYThe currency pair moves from the ascending trendline downwards
A bearish movement down to the next support line at 4.753000000 is certain.
Caution: A possible trend reversal in the direction of resistance at 4.964000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 4.964 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 4.964000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.209000000 |
| 2nd High | 5.100000000 |
| Next High | 4.964000000 |
| Current Price | 4.814000000 |
| Next Low | 4.753000000 |
| 2nd Low | 4.564000000 |
| 3rd Low | 4.233000000 |