DOT/USDT – 30M – BUYThe currency pair goes from the ascending trendline downwards
A descent downwards to the next support line at 4.130000000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 4.255000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 4.225508 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 4.255000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.563000000 |
| 2nd High | 4.272000000 |
| Next High | 4.255000000 |
| Current Price | 4.204000000 |
| Next Low | 4.130000000 |
| 2nd Low | 4.097000000 |
| 3rd Low | 4.075000000 |