DOT/USDT – 30M – SELLThe currency pair goes from the ascending trendline down.
A bearish descent down to the next support line at 3.989000000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 4.212000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 4.04143 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 4.212000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.270000000 |
| 2nd High | 4.234000000 |
| Next High | 4.212000000 |
| Current Price | 4.085000000 |
| Next Low | 3.989000000 |
| 2nd Low | 3.973000000 |
| 3rd Low | 3.929000000 |